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Scottsdale, Arizona, demonstrates investor appetite for high-end hotels

Phoenix anchors the highest US hotel transaction through May
An aerial image of the JW Marriott Phoenix Desert Ridge Resort &amp; Spa. (CoStar)<br>
An aerial image of the JW Marriott Phoenix Desert Ridge Resort & Spa. (CoStar)
CoStar Analytics
June 9, 2025 | 6:15 P.M.

Hotel transactions through May 2025 reveal that U.S. sales activity for single property deals above $200 million declined 36% compared to last year, reaching just over $1 billion in sales.

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