Sonesta Select Hotel in Tucson Airport Market Finds a New Path

PHOENIX, AZ - July 28, 2023 – PHC Hotel Advisors, a national real estate brokerage firm specializing in the purchase and sale of hotel and lodging properties, announced the sale of the Sonesta Select Tucson Airport, Tucson, Arizona. The 120-key hotel is a cornerstone of the Tucson airport submarket and continues to be a favorite for DOD workers.

In the ever-evolving world of the Tucson Airport market, change is a constant companion. One such transformation has arrived in the form of the Sonesta Select Hotel's closing, as it finds a new path under new ownership. This transition marks a pivotal moment for both the hotel and the Tucson community, signaling a shift in the local hospitality landscape.

The decision to sell the Sonesta Select Hotel reflects a strategic move in response to the changing dynamics of the Tucson Airport market. The sale provides an opportunity for new ownership to bring fresh ideas, innovative approaches, and investment to enhance the hotel's offerings. In a recent statement, Christopher Rapacz, the dual agent and hotel broker, shared the following statement "The Sonesta Select represents a significant milestone for both the buyers and the general submarket. We have consistently recognized the intrinsic value of hotels located in close proximity to the Tucson airport. However, unlocking the true potential of such properties requires a dynamic and contemporary approach to revitalizing stagnant assets. We firmly believe that the buyers possess the necessary skills to effectively leverage this opportunity."

Broker: Chris Rapacz chris@phgproperties.com