Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

6 of 8
BACKNEXT
The Wigwam Resort
Location: Litchfield Park, Ariz.
Stars: 3
Labor Day Weekend rate: $79

The Wigwam opened in 1929, and the grounds remain lovely, with meandering pathways and desert-scapes of saguaro and other cacti, palm trees and cottonwoods. The sunny Arizona weather enables guests to enjoy great golfing with 54 championship holes. There are also nine tennis courts, and two pools with water slides.

The resort lies in a northwestern suburb of Phoenix well away from the hustle of the city. But a glut of hotel rooms in the Phoenix area and a drop in pricing have hurt the Wigwam's profits.

Default: The resort was set to be auctioned off in early July, but the action was postponed after the owners filed for bankruptcy. The case is now before a court and the parties may try to negotiate a settlement on the $65 million debt.

NEXT: Loews Lake Las Vegas
Last updated July 27 2009: 10:19 AM ET
Email | Print | Share  |  RSS
 
google my aol my msn my yahoo! netvibes
Paste this link into your favorite RSS desktop reader
See all CNNMoney.com RSS FEEDS (close)
More Galleries
Homes in these ZIP codes are selling like crazy Strong job growth, growing interest from Millennials and affordable home prices are attracting home buyers to these cities. More
Working class whites & the government: It's complicated These Clearfield, Pennsylvania, residents are mad at D.C., but want more help. More
Dear Trump and Clinton: Here's what swing voters want These voices are based on interviews with American voters from the key swing states of Florida and Ohio. It's part of a special report titled "Your money, your vote," that will air on CNN on October 15. More

Special Offer