KSL Recreation Corp., a La Quinta, CA-based hotel corporation,purchased the Arizona Biltmore, a 730-room, Frank LloydWright-inspired resort in Phoenix.
"We plan to build on its history and continue to enhance what isalready here," says Scott Dalecio, president of the resort divisionof KSL.
The seller of the resort was Boca Resort Inc., a Florida-basedcompany headed by Chairman H. Wayne Huizenga. The company has beenlooking to unload a number of its assets in the past year,including the Biltmore and its NHL team, the Florida Panthers.
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