InterContinental Montelucia Resort & Spa has announced that its Scottsdale luxury resort is now under new ownership, as Eurohypo AG has completed the foreclosure proceedings on the property. InterContinental Hotels & Resorts, however, will continue to manage the property as it continues business. The Scottsdale location is an award winning luxury resort.
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Eurohypo AG is an international specialist bank for real estate and public finance. It’s business model is based on a common platform of real estate and finance. The bank also issues Pfandbrief within the Commerzbank Group. It operates within three divisions, real estate, public finance, and treasury.
InterContinental Montelucia Resort & Spa is a signature property for InterContinental Hotels Group, the world’s largest hotel group by number of rooms. The property features 293 guest rooms including 39 suites and 2 presidential suites. The resort also offers 24-hour concierge service, 5 pools, 3 restaurants including the signature restaurant Prado, 4 bars, the 31,000-square-foot award-winning Joya spa, boutique shopping, a wedding venue and 27,000 square-feet of meeting space including multiple ballrooms and other guest amenities and services. Visit http://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.icmontelucia.com&esheet=6151089&lan=en_US&anchor=www.icmontelucia.com&index=2&md5=9417528852a97a06b16fd8517a7118ee for more information.
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