Xenia hotels growth trends in Scottsdale AZ

• Xenia Hotels & Resorts acquired the Hyatt Regency Scottsdale Resort & Spa at Gainey Ranch in 2019 as part of their growth strategy in the Scottsdale area.
• The company has also expanded their presence in Scottsdale by adding the Andaz Scottsdale Resort & Bungalows to their portfolio in recent years.
• Xenia Hotels has shown a trend of continually investing in upscale and luxury properties in Scottsdale, catering to the affluent clientele that frequents the area.

Scottsdale's hotel industry is experiencing a significant transformation, with major investments reshaping the city's hospitality landscape. Leading this change is the recent upbranding of the former Hyatt Regency Scottsdale Resort & Spa at Gainey Ranch to the Grand Hyatt Scottsdale Resort. This extensive renovation, completed in late 2024, introduced a redesigned pool complex, fully renovated guest rooms, and expanded meeting spaces, including a 12,000-square-foot addition to the Arizona Ballroom. The resort also unveiled new dining venues, such as La Zozzona and Tiki Taka, developed in collaboration with celebrity chef Richard Blais. These enhancements aim to position the property as a premier destination for both leisure and business travelers.

In addition to the Grand Hyatt's transformation, Scottsdale is witnessing a surge in hotel development. The city ranks fourth nationally in hotel construction, with 126 projects totaling 16,490 rooms in the pipeline. Notably, 34 of these projects, comprising 5,023 rooms, are already under construction, underscoring the robust growth in the local hospitality sector. This expansion reflects Scottsdale's increasing appeal as a top-tier destination.

Among the upcoming developments is the REVERB by Hard Rock Scottsdale, a $60 million project set to open in late spring or early summer 2026. Located in the heart of Scottsdale's 101 Entertainment Corridor, this music-themed hotel will feature 195 rooms, an outdoor pool, and a rooftop bar, offering a contemporary experience that blends music and local culture. This addition is expected to further enhance Scottsdale's vibrant hospitality scene.

The city's commitment to tourism extends beyond hotel developments. Scottsdale has invested $321,000 from its hotel bed tax fund to support major cultural and sporting events, including the 2026 NCAA Women's Final Four, the Bentley Scottsdale Polo Championships, and the Arizona Indigenous Culinary Experience. These events are designed to boost tourism, stimulate economic growth, and elevate Scottsdale's profile on both national and international stages.

As Scottsdale continues to evolve, these strategic investments in hospitality and events are poised to solidify its reputation as a premier destination, offering visitors a blend of luxury accommodations and rich cultural experiences.

Q: How has the occupancy rate at Xenia hotels in Scottsdale, AZ trended over the past year?

A: Occupancy rates at Xenia hotels in Scottsdale, AZ have shown a steady increase over the past year.

Q: Have there been any notable expansions or renovations to Xenia hotels in Scottsdale, AZ recently?

A: Yes, there have been several expansions and renovations to Xenia hotels in Scottsdale, AZ to accommodate increased demand.

Q: What is the average daily rate for rooms at Xenia hotels in Scottsdale, AZ compared to the previous year?

A: The average daily rate for rooms at Xenia hotels in Scottsdale, AZ has seen a slight increase compared to the previous year.