Benchmark, a global hospitality company, has taken over management of two Scottsdale, Ariz., resorts with the acquisition of Westroc Hotels & Resorts: Hotel Valley Ho and Mountain Shadows Resort Scottsdale. Benchmark operates 80 independent hotels, luxury resorts and conference centers throughout North America, the Caribbean and Japan, including Turtle Bay Resort in Oahu, Hawaii, and Tivoli Lodge in Vail, Colo.
While the two resorts remain locally owned, they have transitioned from the management company of Westroc Hotels & Resorts, which Benchmark has acquired, joining the company’s signature brand, Benchmark Resorts & Hotels. This transition provides the properties and their associates with several new benefits, including stronger financial planning tools, more employment and transfer opportunities, added sales and marketing communications, reporting capabilities, and more channels of commerce.
“Benchmark is very excited to return to this market, expanding our portfolio of experiential and unique destinations,” said Alex Cabañas, CEO of Benchmark.
“The Westroc team has created two exceptional resorts that fit perfectly into Benchmark, and the teams we’ve connected with already are a welcome addition to the Benchmark family.”
The partners of Westroc Hospitality, Scott Lyon, William Nassikas and Pete Corpstein, will be turning their focus and efforts to future development opportunities in the hospitality field.
“I see this as an opportunity to provide Hotel Valley Ho and Mountain Shadows Resort with a broader scope of experience and knowledge, giving our amazing team members more options, enhanced benefits and a way to continue the strong trajectory of growth in the marketplace,” said Lyon, who will continue on as an investor with Benchmark.
The Lyon family will continue to own Hotel Valley Ho and co-own Mountain Shadows Resort with Dallas-based Woodbine Development Corporation.
Hotel Valley Ho originally opened in 1956 and blends mid-century style with modern amenities. It features 191 historic guestrooms; a luxury tower featuring 50 lofts, suites and guestrooms; and more than 25,000 square feet of indoor and outdoor event space along with a restaurant and a spa. Hotel Valley Ho is part of the Preferred Hotels & Resorts Lifestyle Collection and Historic Hotels of America.
Mountain Shadows Resort Scottsdale features 183 guestrooms, a luxury wing with 41 condominiums and suites, a restaurant, a fitness center and 37,500 square feet of indoor and outdoor event space. Mountain Shadows is part of Preferred Hotels & Resorts LVX.