As anticipated, operations of the W Hotel Scottsdale will not be impacted by the disputes between the developer, builder and lender (see here, here and here). The Phoenix Business Journal has a story today with comments from Starwood Hotels (the manager of the W) and they indicate it will be business as usual:
“The W is not involved in the dispute and we’ll continue to manage the W Scottsdale,” said K. C. Kavanaugh, vice president of public relations for Starwood Hotels and Resorts, based in White Plains, N.Y.
Kavanaugh said Starwood has received numerous phone calls from future hotel guests who are wondering whether they should book a reservation after reading about the pending foreclosure action on the chic hotel that opened in October. She said she wanted to set the record straight that the hotel is open for business and will remain that way.
The Notice of Trustee's Sale is now online and can be read here (pdf). Scott Klundt from Quarles & Brady is acting as the trustee in the foreclosure proceeding. The article today also indicates that Snell & Wilmer is representing Starwood.
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