Pointe Hilton Tapatio heads to auction – Phoenix Business Journal. Hilton also operates the Pointe Squaw Peak which is owned separately, and it will not be affected by the Tapatio Cliffs foreclosure.   The popular destination hotel  and  the Lookout Mountain Golf Club are scheduled for auction on November 29th.  The property is owned by Highland Hospitality Group, and according to the Wall Street Journal they are exploring the option of Bankruptcy as an option,  which could change the time frame for the Auction.