The hotel lobby and restaurants occupy the main level. The second floor features meeting rooms and an additional restaurant while an atrium rises 8 stories. Floors 9 through 21 house guest rooms. Floors 22 and 23 house mechanical equipment and are called "the neck of the Compass". The Compass Restaurant sits atop the hotel on floor 24. The Compass is Arizona's only revolving restaurant. The elevator bank offers two enclosed guest elevators and three "scenic elevators", which glide upward from the lobby, through the atrium and, finally, on the building's exterior, offering views of downtown Phoenix and of Phoenix Sky Harbor International Airport.
The hotel has 693 guest rooms, two restaurants, a grab n' go market, a swimming pool,42,000 square feet (3,900 m2) of meeting space, and a retail shop.[2]
The Hyatt Regency Phoenix was chosen by the NFL as the headquarters hotel for Super Bowl XLII which was played in nearby Glendale in February 2008.[citation needed]
On July 1, 2008, the Hyatt Regency Phoenix was sold for $96 million to Los Angeles–based DiNapoli Capital Partners.[3]