Global Hospitality Investment Group acquires Doubletree Resort Scottsdale Paradise Valley
Global Hospitality Investment Group (GHIG), a hospitality-focused real estate private equity firm, an institutional-quality, top-branded resort in Scottsdale, Ariz.
The hotel is located in Paradise Valley, a prime central location between the Kierland and Old Town Scottsdale areas, one of the highest-growth, most dynamic lodging and hospitality markets in the United States. Following the transaction, the hotel will remain a Hilton flagged hotel.
The property spans more than 23 acres on Scottsdale Road and features 378 premium guest rooms, including 12 suites with panoramic views of the scenic areas surrounding Camelback and Mummy Mountains. Each oversized room features a spacious patio or balcony, with close access to two outdoor pools and the property's sweeping landscaped grounds. The hotel also offers four high-quality food and beverage options, flexible indoor and outdoor meeting spaces for events and weddings, including a palm-lined fountain courtyard, lawn pavili