San Manuel Investment Authority Acquires Fairmont Scottsdale Princess

Fairmont Scottsdale Princess

HIGHLAND, CA – San Manuel Investment Authority (SMIA), an unincorporated governmental instrumentality of Yuhaaviatam of San Manuel Nation, has acquired Fairmont Scottsdale Princess in Scottsdale, AZ.

“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 beautiful setting in the Sonoran Desert, world-class hospitality and amenities align with our tribe’s long-term investment strategy and the offerings our guests cherish most. We look forward to partnering with Fairmont and the exceptional management team at the Princess, as well as becoming an active contributing member of the business and tribal community in Scottsdale.”

The Fairmont Scottsdale Princess received AAA’s Timeless Diamond designation in 2025 for maintaining Five Diamond status since 1991 and has been named among Condé Nast Traveler’s Readers’ Choice Awards “Top Resorts in the Southwest” for the past three consecutive years.

Set on 65 acres in the Sonoran Desert, the resort features 750 guest rooms and suites, including Privado Villas; the 44,000-sq.-ft. Well & Being Spa and Arizona’s only Sisley Spa; six pools; five food and beverage outlets, including restaurants from chefs Richard Sandoval and Michael Mina; and eight retail stores. The resort is adjacent to TPC Scottsdale, home of the PGA Tour’s WM Phoenix Open.

The property also hosts several annual events, including Freedom Fest during the summer and Christmas at the Princess during the holiday season.

“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 VP and GM 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.”