By Brandon Brown | Phoenix Business Journal
Ahead of major developments coming to midtown Phoenix near the Central Avenue corridor, a hospitality company has acquired the Wyndham Garden Phoenix Midtown and is planning major renovations for the property.
Phoenix-based Oxygen Hospitality Group Inc., an owner-operator hospitality management company, has entered the Valley’s competitive marketplace with the acquisition of the six-story, 160-room property at 3600 N. Second Ave., just north of Osborn Road in Phoenix.
Oxygen Hospitality did not disclose the price of the acquisition but said it has plans for a multimillion-dollar renovation that would elevate the property to a full-service hotel with modern conveniences. Oxygen Hospitality also will take over as the hotel’s management company.