Arbor Lodging acquires AC Hotel in Downtown Phoenix
Chicago-based hotel investment and management company Arbor Lodging Partners has expanded into the Phoenix market with the acquisition of the AC Hotel Phoenix Downtown. The property has 199 rooms and suites, along with the brand’s signature AC Lounge and AC Kitchen, along with a number of 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 completely reborn in recent years, and has emerged as a higher education hub. The hotel’s location is near Arizona State University’s Downtown Campus, along with the Phoenix Biomedical Campus, as well as the Phoenix Convention Center; Footprint Center, home of the Phoenix Suns; 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.