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Phoenix–Mesa–Chandler MSA

Southwest·Destination dashboard

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Rates

Tuesday Trends board

Captured Tue, Oct 20, 2026. Median cheapest refundable nightly rate, 2 adults, pre-tax, across 50 hotels. Indicative Google Hotels prices; decision support, not a quote.

Median cheapest refundable nightly rate by horizon and stay
OutWeekdayMon–ThuWeekendFri–Sun
1 wk
$375
39/50 priced
2 no rates on Google
$223
49/50 priced
1 mo
$339
45/50 priced
3 no rates on Google
$252
48/50 priced
3 mo
$393
42/50 priced
2 no rates on Google
$344
44/50 priced
2 no rates on Google
6 mo
$402
41/50 priced
4 no rates on Google
$350
39/50 priced
2 no rates on Google
~11 mo
$359
31/50 priced
6 no rates on Google
$392
30/50 priced
8 no rates on Google

Coverage counts hotels with a refundable rate; low-confidence prices (2 or fewer sellers and no official hotel site) are left out. Thin: under 15 of 50. ● 10+ no rates on Google at 1 wk. At ~11 months, no rates largely reflect Google's ~330-day pricing limit.

Signals

26 cited
debt3 rowsas of 2026-10-11

Phoenix debt & deals: CMBS / SASB loans (2026–2027 maturities, SS, DQ, foreclosure, mods)

Phoenix hotel CMBS cohort (unnamed): n/a · 11 hotel CMBS loans mature within 2 years; 9 properties identified as at-risk · 2026-05-06

talent2 rowsas of 2026-10-11

Phoenix talent: 3.2 Pre-open risk — named openings

Hyatt Studios Phoenix (TSMC-oriented): 114 · Q2 2027 · No public read · Low: lean ES model

supply2 rowsas of 2026-10-11

Phoenix supply: Latest pulse

C&W Q2 2026 (STR/CoStar): OCC 66.2% (+1.2%), ADR $164 (+2.0%), RevPAR $108 (+3.3%); supply +2.4% (tied highest in top 25)

talent6 rowsas of 2026-10-11

Phoenix talent: 3. Operator bench

Operator bench. Pyramid Global Hospitality: M (§2.3) · Will operate Wrigley Mansion with Arizona Biltmore after Henderson Park JV unifies…

supply5 rowsas of 2026-10-11

Phoenix supply: Submarket basemap (v0)

Scottsdale / Paradise Valley / N. Scottsdale: Resort and luxury rate holds; flat to slightly positive RevPAR

pipeline4 rowsas of 2026-10-11

Phoenix pipeline: Stage rollup (LE Q2 2026 public)

Total pipeline: 115 · 16,136 Under construction: 31 · 4,621 NPAs Q2 2026: 8 · 1,641

talent7 rowsas of 2026-10-11

Phoenix talent: 1. Wage floor

Arizona minimum wage: $15.15/hr (from $14.70; CPI) · eff. 2026-01-01

talent2 rowsas of 2026-10-11

Phoenix talent: 2. Build talent (summary)

MSA construction jobs: 178,800 → 185,600 (+6,800, +4%; rank 5/360 by gain) · Aug 2025 → Aug 2026

talent4 rowsas of 2026-10-11

Phoenix talent: 5. Gaps (no public read)

Sheraton/Westin/Renaissance downtown Local 11 contract status since 2023: No public read

Source: No linked public source (reviewed 2026-10-11) · no public read

supply4 rowsas of 2026-10-11

Phoenix supply: Snapshot

Implied rooms (STR market): ~73,137 (Q2 supply room-nights ÷ 91, derived) · Q2 2026

supplyscore 5/5as of 2026-10-11

Phoenix supply-pressure score 5/5

5 / 5. UC intensity: #2 U.S. UC: 31 / 4,621 rooms (most rooms UC of any market except NYC); 5.7% of inventory at YE 2025

pipeline5 rowsas of 2026-10-11

Phoenix pipeline: Named projects

Denū Hotel & Spa (Meritage Collection): 236 · Opening Sep 16 2026 · Downtown · 2026

citywide_calendar7 rowsas of 2026-10-11

Phoenix group / citywide demand calendar

Nov 2026: Arizona International Auto Show not held in 2026 (VADA decision; returns Nov 25–28, 2027 at PCC).

citywide_calendar2 eventsas of 2026-10-11

Phoenix 90-day compression calendar (Oct 12 2026 → Jan 10 2027)

2026-12-11 → 2026-12-15: National Athletic Directors Conference & Exhibit Show (PCC) [Association] — Confirmed (accessed 2026-10-11); next…

airlift6 rowsas of 2026-10-11

Phoenix airlift / air access demand

Jul 2026 total pax: 4,193,673 (+0.4% YoY) CYTD Jul 2026: 30,846,557 (+0.8%)

drive5 rowsas of 2026-10-11

Phoenix drive + attraction demand anchors

Drive catchment: Southern California via I-10 (LA/IE), Tucson (I-10), Las Vegas (US-93), San Diego (I-8); Sonora/Mexico drive-in

visitation7 rowsas of 2026-10-11

Phoenix visitation / demand volume

Metro visitors 2025: 47.7M (incl. day trips); 1.7M international

nuanceruleas of 2026-10-11

Which Phoenix, and which season — rule: MSA averages is not the same as resort performance

Scottsdale, Paradise Valley and Tempe resorts hold rate, with RevPAR flat to slightly up.

transaction~$1B H1 2025as of 2025

Phoenix transactions: ~$1B in H1 2025, led by JW Desert Ridge $865M

Phoenix was the largest U.S. single market for hotel transactions in H1 2025 at ~$1B, led by the $865M JW Marriott Desert Ridge sale…

transaction6.2% cap / $1.8M per keyas of 2026-10

Four Seasons Scottsdale — 6.2% cap / $1.8M per key (Braemar → Evergreen)

Four Seasons Scottsdale (Braemar → Evergreen) at $372M ($1.8M per key) at a 6.2% cap on TTM August NOI including $23M capex; close ~Oct 22.

Hotel-tax collections

newest first · 14 periods
taxConv. Center $2,818K (+8.1%) · General Fund $2,105K (+31.8%, rate-driven, not demand) · cash collectedas of May 2026

Phoenix hotel/motel lodging tax, monthly collections ($000) — May 2026

Convention Center fund: $2,818K · YoY (published): +8.1% · General Fund: $2,105K · YoY (published): +31.8%.

tax$26,072K · cash collected; sum of monthly figures (arithmetic)as of FY2026 YTD Jul 2025–May 2026, Convention Center fund

Phoenix hotel/motel lodging tax, fiscal-year view — FY2026 YTD Jul 2025–May 2026, Convention Center fund

Amount: $26,072K · YoY: n/a (prior-year YTD for this line not stated).

tax$19,193K · cash collected; sum of monthly figures (arithmetic)as of FY2026 YTD Jul 2025–May 2026, General Fund

Phoenix hotel/motel lodging tax, fiscal-year view — FY2026 YTD Jul 2025–May 2026, General Fund

Amount: $19,193K · YoY: n/a. Basis: cash collected; sum of monthly figures (arithmetic); FY Jul–Jun.

taxConv. Center $4,054K (+10.6%) · General Fund $3,002K (+33.3%, rate-driven, not demand) · cash collectedas of Apr 2026

Phoenix hotel/motel lodging tax, monthly collections ($000) — Apr 2026

Convention Center fund: $4,054K · YoY (published): +10.6% · General Fund: $3,002K · YoY (published): +33.3%.

taxConv. Center $3,556K (+7.8%) · General Fund $2,652K (+32.1%, rate-driven, not demand) · cash collectedas of Mar 2026

Phoenix hotel/motel lodging tax, monthly collections ($000) — Mar 2026

Convention Center fund: $3,556K · YoY (published): +7.8% · General Fund: $2,652K · YoY (published): +32.1%.

taxConv. Center $2,741K (+14.9%) · General Fund $2,027K (+39.1%, rate-driven, not demand) · cash collectedas of Feb 2026

Phoenix hotel/motel lodging tax, monthly collections ($000) — Feb 2026

Convention Center fund: $2,741K · YoY (published): +14.9% · General Fund: $2,027K · YoY (published): +39.1%.

+8 earlier periods
taxConv. Center $2,128K (+13.4%) · General Fund $1,581K (+37.0%, rate-driven, not demand) · cash collectedas of Jan 2026

Phoenix hotel/motel lodging tax, monthly collections ($000) — Jan 2026

Convention Center fund: $2,128K · YoY (published): +13.4% · General Fund: $1,581K · YoY (published): +37.0%.

taxConv. Center $2,482K (+6.9%) · General Fund $1,830K (+29.0%, rate-driven, not demand) · cash collectedas of Dec 2025

Phoenix hotel/motel lodging tax, monthly collections ($000) — Dec 2025

Convention Center fund: $2,482K · YoY (published): +6.9% · General Fund: $1,830K · YoY (published): +29.0%.

taxConv. Center $2,626K (+1.5%) · General Fund $1,949K (+23.6%, rate-driven, not demand) · cash collectedas of Nov 2025

Phoenix hotel/motel lodging tax, monthly collections ($000) — Nov 2025

Convention Center fund: $2,626K · YoY (published): +1.5% · General Fund: $1,949K · YoY (published): +23.6%.

taxConv. Center $1,687K (−7.4%) · General Fund $1,252K (+12.2%, rate-driven, not demand) · cash collectedas of Oct 2025

Phoenix hotel/motel lodging tax, monthly collections ($000) — Oct 2025

Convention Center fund: $1,687K · YoY (published): −7.4% · General Fund: $1,252K · YoY (published): +12.2%.

taxConv. Center $1,258K (−7.7%) · General Fund $945K (+12.9%, rate-driven, not demand) · cash collectedas of Sep 2025

Phoenix hotel/motel lodging tax, monthly collections ($000) — Sep 2025

Convention Center fund: $1,258K · YoY (published): −7.7% · General Fund: $945K · YoY (published): +12.9%.

taxConv. Center $1,279K (−6.0%) · General Fund $956K (+13.8%, rate-driven, not demand) · cash collectedas of Aug 2025

Phoenix hotel/motel lodging tax, monthly collections ($000) — Aug 2025

Convention Center fund: $1,279K · YoY (published): −6.0% · General Fund: $956K · YoY (published): +13.8%.

taxConv. Center $1,443K (−6.5%) · General Fund $894K (−5.8%) · cash collectedas of Jul 2025

Phoenix hotel/motel lodging tax, monthly collections ($000) — Jul 2025

Convention Center fund: $1,443K · YoY (published): −6.5% · General Fund: $894K · YoY (published): −5.8%.

taxno public readas of 2026-10-11

Phoenix hotel-tax series — gaps

Phoenix hotel-tax series gaps (as of 2026-10-11): June 2026 (Month 12): image-only PDF, not transcribed — no public read in…

Source: Official publishers (gap note; no public read) · no public read

Assets

none yet
No cited assets yet for this destination. Underwrite by submarket and product class — MSA averages are not a substitute for a competitive set.

Linked findings

No radar findings for this market yet.