The Pointe Hilton Tapatio Cliffs Resort and the adjoining Lookout Mountain Golf Club in north Phoenix are headed for the auction block.
A notice of trustee sale was filed at the Maricopa County Recorder’s office Aug. 23 and the sale is scheduled for Nov. 29. According to a report in the Wall Street Journal, the owner is exploring bankruptcy, which could potentially alter the time frame for any trustee sale.
The Pointe has been a popular destination for out-of-state conferences and locals because of the 18-hole golf course and exotic swimming pool, dubbed the Falls Water Village. It has several restaurants and a spa.
David Trumble, director of corporate communications for Hilton, said “Pointe Hilton resorts have been a Phoenix institution for more than 25 years … we can confirm that Pointe Hilton Tapatio Cliffs Resort remains open and fully operational.”
Hilton also operates the nearby Pointe Hilton Squaw Peak Resort, which is under separate ownership, and will not be impacted by the Tapatio Cliffs foreclosure, officials said.
Tom Costello is the CEO, Partner & Co-Founder of Groups International, a company that provides marketing, consultative services, and technology solutions to the group and leisure travel markets. Connect with him on Twitter, LinkedIn, and Facebook or contact him by email.