Downtown Phoenix Luxury Hotel to Debut September 16
Why this matters
Hospitality has separated by chain scale and demand segment, with luxury and resort outperforming and select-service holding pricing power on a leaner cost base. New construction starts remain at multi-decade lows, which has supported in-place RevPAR and made conversions of soft-branded flags an increasingly active part of transaction velocity. Phoenix is at the front of the Sun Belt multifamily rent-growth recovery and continues to absorb large-format industrial along the I-10 corridor. For sponsors with operational expertise, the sector continues to offer one of the more compelling income-plus-appreciation profiles available across CRE.
Editorial analysis · Real Estate Trail Editorial
On the RET wire
- The 26th Phoenix story tracked on the wire in August 2026. All Phoenix coverage →
- Disclosed hospitality deal value tracked in August 2026: $10.5B across 11 reported transactions. All Hospitality coverage →
Computed from Real Estate Trail’s own tracked coverage
Pacific Hospitality Group (PHG) is taking reservations for its latest hotel, the Denu Hotel & Spa in downtown Phoenix. The 236-room hotel is at 1 E. Adams Street in downtown Phoenix in a newly constructed 17-story bui…
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