Who Owns the Boulders Resort in Scottsdale?

By Robert Palmer

If you’re a fan of luxurious resorts, then you might have heard about the Boulders Resort in Scottsdale. This resort is well-known for its breathtaking views, world-class amenities, and exceptional service.

But have you ever wondered who owns this stunning property? Let’s dive into the history of the Boulders Resort and find out who owns it today.

History of the Boulders Resort

The Boulders Resort was first opened in 1985 by Charles Keating Jr. Keating was a prominent businessman who was known for his involvement in the savings and loan crisis of the 1980s. He built the resort as part of his plan to develop a luxury community in North Scottsdale.

During its early years, the Boulders Resort quickly became one of the top-rated resorts in Arizona. It was praised for its stunning natural surroundings, exceptional service, and unique architecture that blended seamlessly with the surrounding landscape.

In 2001, Keating sold the resort to KSL Resorts for $130 million. KSL Resorts is a hospitality management company that owns and operates luxury resorts around the world. They own several other properties in Arizona as well, including The Phoenician in Scottsdale and La Costa Resort & Spa in Carlsbad, California.

Current Ownership

In 2017, KSL Resorts sold the Boulders Resort to Hilton Worldwide Holdings Inc., one of the largest hospitality companies in the world. Hilton acquired the property for $51 million and added it to their portfolio of luxury resorts under their Waldorf Astoria brand.

Today, The Boulders Resort & Spa is managed by Hilton’s management company, Waldorf Astoria Hotels & Resorts. The resort features 160 guest rooms and suites, two championship golf courses designed by Jay Morrish, six restaurants and cafes, and a full-service spa.

Conclusion

The Boulders Resort in Scottsdale has a rich history and has been owned by some of the most prominent names in the hospitality industry. Today, it is owned by Hilton Worldwide Holdings Inc. and managed by Waldorf Astoria Hotels & Resorts. Whether you’re looking for a relaxing vacation or a round of golf on a championship course, the Boulders Resort offers an unforgettable experience that is sure to exceed your expectations.