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127 Room Hyatt Place Phoenix Hotel in Arizona Sold

December 29, 2022

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HCW announces the purchase of the 127 guest room Hyatt Place Phoenix Gilbert. The six (6) story Hyatt property was built in 2009 and recently experienced a partial renovation. HCW plans to continue the upgrades in the coming year.

The thriving southwest valley market has seen tremendous growth in recent years and the Hyatt Place is a great compliment to HCW other hotel assets. Hyatt Place Phoenix Gilbert marks HCW’s sixth operating hotel in the Phoenix metropolitan area, with other properties in Chandler, Goodyear and Glendale. HCW’s seventh hotel in the Valley of the Sun, Caesars Republic Scottsdale, will open in February 2024.

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