Oxygen Hospitality Acquires The Ivy Palm Resort & Spa in Palm Springs, California

Oxygen Hospitality Group | May 24, 2018

PHOENIX--Oxygen Hospitality Group today announced the acquisition of The Ivy Palm Resort & Spa in Palm Springs, California. The 4-building, 2-story, 100-room independent, boutique hotel is the first acquisition of Arizona-based Oxygen Hospitality, a real estate investment and management company looking to grow a portfolio of branded and independent hotels in the Sun Belt and other U.S. destinations. Following minor property renovations with extensive asset management restructuring, Oxygen Hospitality will implement a second phase redevelopment plan to transform the property into a hip, tech-forward boutique hotel that complements Pa...