Source: Real Estate Daily News
A 71-acre parcel at Stone Canyon in Oro Valley sold recently for $7.4M. A local group of Tucson investors purchased it with plans to build a unique resort, a boutique hotel, on the site.
David Williamson, manager of Stone Canyon Resort LLC said, “The property is located at hole-3 of the Stone Canyon golf course and in one the most spectacularly beautiful spots nature could create overlooking Stone Canyon.”
The plan is to construct a boutique hotel surrounded by fully furnished casitas and some larger luxury home sites.
“The hotel brand has not been determined yet and a final decision may take six-months before an official announcement can be made,” Williamson told us.
In recent years, boutique hotels have emerged as the most liked guest accommodation all over the world. Although there is no precise definition as to what a boutique hotel is, one thing clear among the hoteliers is the fact that they know exactly what qualities make a hotel a boutique hotel.
The first quality is none other than size of the hotel. As per the connoisseurs of this business, a hotel with not more than 100 rooms can be called a boutique hotel.
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