Global Hospitality Investment Group Acquires Doubletree Resort Scottsdale Paradise Valley
Acquiring Company
Global Hospitality Investment Group
Description
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.
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