Quote:
Originally Posted by RonnieFoos
Phoenix falls short in hotel inventory within one-half mile of the center. Phoenix has 3,838 rooms, compared to the median of 7,800, which included Phoenix and 12 other markets.
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I'd suspect the reasons we have so few hotel rooms downtown are:
1. Not much 'going on' downtown historically - at least until the recent building boom
2. Tons of hotel rooms in all the various resorts outside of downtown (The Boulders, Troon, the Princess, etc)
3. Las Vegas is close enough that it draws a lot of business events that could otherwise be conducted here
Maybe if we wind up with more corporate HQs downtown - and a nice entertainment district builds up (which seems to be underway with the Roosevelt District) this will change.