Overview

Property Description

In Q3 2024, BAH acquired the 100-key Aloft Glendale at Westgate, enhancing its presence in the Westgate Entertainment District with a well-located, lifestyle-oriented asset. The Aloft Glendale is within a short walk of BAH’s TownePlace Suites Glendale, creating an operational advantage by positioning two complementary assets within close proximity. This pairing offers synergies in staffing, shared resources, and enhanced guest experience. Both properties are new vintage and Marriottbranded, but their distinct offerings allow us to effectively shift demand across our available inventory.

The Westgate Entertainment District spans six square miles and is recognized as a premier sports and entertainment destination in the United States, featuring the NFL’s Arizona Cardinals stadium and multiple venues for MLB spring training. This location drives consistent year-round demand from sports, entertainment, and event attendees. The Aloft property is designed with amenities catering to modern travelers, including an outdoor pool, a 24-hour fitness center, Tesla charging stations, and an inviting bar and lounge area for social gatherings. With these advantages, the Aloft Glendale is already exceeding return expectations, generating 9%+ annual cash-on-cash returns within the first 2 years of operating.

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