Global Hospitality Investment Group Acquires Doubletree Resort Scottsdale Paradise Valley

Global Hospitality Investment Group | July 27, 2023

LOS ANGELES, July 27, 2023 -- Global Hospitality Investment Group ("GHIG" or "the firm"), a hospitality-focused real estate private equity firm, today announced that it has acquired the Doubletree Resort Scottsdale Paradise Valley (the "Hotel"), an institutional quality, top-branded resort in Scottsdale, Arizona. The Hotel is located in Paradise Valley, a prime central location between the Kierland and Old Town Scottsdale areas, one of the highest growth, 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 Scotts...