Chicago-based hotel investment and management company Arbor Lodging Partners has announced its latest acquisition and first expansion into the Phoenix market with the AC Hotel Phoenix Downtown.
The AC Hotel Phoenix Downtown has 199 rooms and suites, along with its AC Lounge and the AC Kitchen (which can accommodate special culinary events) along with various meeting spaces.
The team at Arbor Lodging has been strategic and proactive in their approach, particularly with this latest acquisition, according to the company. Downtown Phoenix has been reborn in recent years as a higher education hub. The hotel’s location is steps away from Arizona State University’s Downtown Campus, along with the Phoenix Biomedical Campus. The hotel is also close to the Phoenix Convention Center, along with two main stadiums which includes Footprint Center, home of the Phoenix Suns and host to numerous events and concerts; and Chase Field, home of the Arizona Diamondbacks. Further, Phoenix will play host to the 2023 Super Bowl, 2024 Men’s Final Four, and 2026 Women’s Final Four.
Moving forward, the Arbor Lodging team will be focused on finding more investment opportunities in fast-growing markets going through major transformations throughout the country.