DPR delivered the project in 13 months - three months quicker than the average construction timeline for the AC Hotel brand. “It proved that prefabrication and modular construction is a viable option, especially in this market, and this project showcased that compared with other projects,” Shock said.Ĭanopy by Hilton Scottsdale Old Town completed construction in 2020.Ĭonstruction on the 88,000-square-foot, 165-room, six-story boutique hotel in the heart of Scottsdale was completed in June 2020. Matt Shock, project executive for DPR Construction, the general contractor on AC Hotel Scottsdale North, which opened in January 2021, said DPR was the first company in Arizona to execute and deliver a prefabricated structure for Marriott and the hospitality industry, which could usher in a more efficient construction model for future similar projects. “I think the interest in some of these new projects coming to Scottsdale, both the ones that opened in 2020 and ones that will be online in the coming years, speaks to the strength of our tourism industry and our brand.” We are hopeful for the future, and Scottsdale is known for our luxury brand,” she said. “It has been a challenging time, but this is a resilient industry. Since August 2020, we’ve been seeing occupancy levels plateauing around 30 to 40 percent,” Pressler said.Īlthough occupancy levels were lower than in years past, Pressler said Scottsdale resorts, hotels, restaurants and other businesses have implemented new health and safety protocols to ensure people feel safe and welcomed when in the city. Then COVID hit and in March a lot of our hotels closed for a bit. “Our high season is January through April, so we did really well the first few months of the year. “The pandemic came on the heels of one of the strongest years on record for Scottsdale’s tourism industry, and at the start of 2020 we were projected to have another really strong year and see growth at our hotels and resorts in occupancy, rate and revenue,” said Stephanie Pressler, director of Community Affairs for Experience Scottsdale, the city’s tourism bureau. READ ALSO: Here’s what is new for Arizona hotel and resort industry heading into 2021 READ ALSO: Arizona has turned corner on COVID-19, experts say Hotel research company STR forecasts that Scottsdale-area hotels and resorts will experience just 49.5 percent occupancy in 2021, which could change as the pandemic evolves throughout the year. In 2020, the occupancy rate dropped to 40.1 percent. That year, the city welcomed 11 million visitors who generated $3.3 billion in economic impact and $54.7 million in taxes. However, Scottsdale, one of the state’s biggest hospitality hot spots, continued to attract residents and visitors with the completion and openings of new hotels, restaurants and renovations of mixed-use properties, such as Fashion Square.Īccording to the City of Scottsdale’s annual tourism study, in 2019 Scottsdale-area hotels and resorts experienced a record-breaking 70.7 percent annual occupancy. #Modern luxury scottsdale digital media kit professionalAs we move to new frontiers, we remain devoted to providing the highest quality of luxury homes for sale, goods and services to our readers, whether they pick up the next hard copy of our professional print publication or they visit this must-see portal into the world of luxury.The tourism industry was thrown for a loop in 2020 as occupancy rates dropped as out of state visitors lessened and the normally high economic impact from Arizona’s resorts and attractions took a large hit unlike any in recent years. Since our inception, our reach has been ever-growing as we generate more leads for our advertisers and expand to new cities looking for a way to connect with the most discerning and wealthiest clients. Our many distributorships across the country have enabled us to remain a recognizable brand in luxury real estate, while maintaining a strong commitment to the promotion of local market leaders. These exceptional qualities, along with our targeted distribution methods, have garnered partnerships with some of the nation's top-producing real estate agents, retailers, builders, service providers and luxury home sales professionals. Inside the pages of Luxury Home Magazine, readers will find glossy,įull-color pages with artistic, professional photography that adequately represents "the best of the best" in luxury homes for sale. For more than seventeen years, our innovative publication has been the quintessential coffee table book of luxury real estate buyers, impressing audiences with the unique design and well-written descriptions of the finest luxury estates. Welcome to the online companion of Luxury Home Magazine, a high-quality print magazine targeting affluent buyers of million dollar homes in the most desirable luxury homes markets across the U.S.
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