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SCOTTSDALE, AZ (AZFamily) — Scottsdale’s Fairmont Scottsdale Princess has a new owner, marking a major new chapter for one of Arizona’s best-known luxury resorts.
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San Manuel Investment Authority (SMIA), an unincorporated governmental instrumentality of Yuhaaviatam of San Manuel Nation, announced its acquisition of the Princess on Thursday.
“We are delighted to welcome the staff and guests of Fairmont Scottsdale Princess into the portfolio of luxury non-gaming properties owned by our Tribe,” said Lynn Valbuena, Chairwoman of the San Manuel Investment Board and Chairwoman of Yuhaaviatam of San Manuel Nation.
The resort hosts several special events throughout the year, like Christmas at the Princess and Freedom Fest.
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“The Princess has been a Scottsdale landmark for four decades, and we’re excited to begin this next chapter with Yuhaaviatam of San Manuel Nation,” said Jack Miller, regional vice president and general manager of Fairmont Scottsdale Princess. “Their long-term commitment to thoughtful stewardship and hospitality aligns closely with our own, and we look forward to continuing to build on the resort’s legacy while keeping the experiences our guests and local community know and love at the heart of everything that we do.”
The Princess sits on 65 acres and features 750 guest rooms and suites.
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