Blue Sky Equity Partners acquires Tucson Hotel
Blue Sky Equity Partners has bought Red Lion Inn & Suites Tucson North Foothills. The property is a 156-key hotel in Tucson, Arizona.
The company will rebrand the hotel as 3 Palms Tucson North Foothills, adding it to its 3 Palms boutique hotel portfolio, that includes hotels in both Arizona and California. While this is company’s first entry in the Tucson marketplace, it has found success in the state with the 3 Palms Hotel Scottsdale.
Red Lion Inn & Suites Tucson North Foothills is situated near North Tucson’s foothills of the Santa Catalina Mountains. The hotel is located at 7411 N. Oracle Road. It is close to the University of Arizona and offers plenty of opportunities for outdoor adventurers and family vacationers.
Ariel Abbott, Blue Sky Equity Partners’ director of revenue and growth, said, “Our hotel division is focused on continued growth in the Pacific Southwest and this exciting acquisition allows us to expand our flagship 3 Palms brand to another great desert destination in the Tucson North Foothills.”
Source: CP Executive
Fulya Altunyay/ [email protected]