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I came to Scottsdale to attend a conference at the nearby Scottsdale Fairmont resort. The price for a night in a simple one-bedroom hotel at the resort was approximately the same as for a night at this location. Let me tell you, it was completely worth it to stay at this location! First of all, it is a less than 5 minute walk to the resort, if you need to go there for a conference. Also, inside, it is spacious and luxurious. The upstairs suite is lovely with the large bathroom and the connecting outdoor patio. In addition, it is close (less than 5 minute drive) from some tasty restaurants. Noise was not an issue from the neighbors, besides hearing the occasional airplane flying over during the day (no planes flying overhead at night).
In summary, if I ever have to go back to Scottsdale, I would choose this location in a heart-beat.