Waterton Acquires 137-Key Poco Diablo Resort in Sedona, Arizona from Pendant Capital with repositioning plans

12/20/2024

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REBusinessOnline

• Subcategory: Hospitality: Hotel, Hospitality: Resort

• Tag: New Brand | Redevelopment | Renovation | Sale

• Additional Filters-Subcategory: Hospitality: Independent

• Additional Filters-Tags: Hospitality: Franchise

• Company: Waterton, "Outbound Hotels, a Waterton company", Pendant Capital

Chicago-based Waterton has purchased Poco Diablo Resort, a 137-key hotel located at 1752 AZ-179 in Sedona. Terms of the transaction were not released. Waterton plans to reposition and rebrand the asset as Outbound Sedona. Planned renovations include adding a heated pool and hot tub with rock formations, mini-waterfall features and zero gravity lounging options, as well as expanding the spa to include new treatment rooms.