Randy Petersen held the 2008 Freddie Awards at the Wyndham Hotel Phoenix. I drove to Phoenix from Monterey, California and stayed in a suite at the Sheraton Phoenix Downtown, across the street from the Wyndham Phoenix.
The Sheraton hotel opened in 2008 as the largest hotel in Arizona with 1,000 rooms. The hotel is owned by the City of Phoenix, who launched the hotel as their primary downtown hotel for the taxpayer funded Phoenix Convention Center in a bid to lure more conventions and revitalize the downtown business area.
Since 2008, the city-owned Sheraton Phoenix Downtown Hotel has lost $28.2 million. The concern now is city money is being used to prop up the Sheraton Phoenix Downtown from a fund to build a new arena for the Phoenix Suns basketball team, a franchise Phoenix may lose in the next decade if a new basketball arena is not constructed before the team’s lease runs out in 2022.
Sheraton Phoenix Downtown is SPG category 4 at 10,000 points per reward night.