Real EstateAcquisitionsKimpton Acquires Amara Resort and Spa in Sedona, Ariz.

Kimpton Acquires Amara Resort and Spa in Sedona, Ariz.

PHOENIX—Kimpton Hotels and Restaurants announced that it has purchased Amara Resort and Spa in Sedona, Ariz. The property was acquired through the company’s proprietary KHP-III fund, which closed in first quarter this year. The 100-room boutique resort overlooking Oak Creek, will be the third Kimpton hotel in Arizona..

“We’re proud to add the Amara Resort and Spa to our collection,” said Mike Depatie, chief executive officer, Kimpton Hotels and Restaurants. “We saw an opportunity to expand to Sedona, an area that’s a very desirable resort destination for travelers for its ideal weather, stunning views and serene environment. It’s a perfect addition to our growing roster of hotels because it further expands our presence in popular leisure markets adding to hotels we already have open or in development in Scottsdale, Vero Beach, South Beach, Miami, Aspen and Palm Springs.”

Amara Resort and Spa completed a $2 million renovation in September 2012. The renovations included the addition of a 26,000-gallon infinity edge saltwater pool along with upgrades to the resort’s restaurant, outdoor event space, fitness center, and lobby.

Kimpton plans further renovations to align the property with its standards in the area of design and comfort. The details and the timing of the renovations have not yet been announced. Amara Resort and Spa has already begun to incorporate and offer Kimpton’s amenities, such as the Kimpton InTouch loyalty program, hosted evening wine hour, coffee and tea service in the living room lobby daily, in-room yoga mats, loaner bikes, and the company’s pet friendly policies.