The Compass room is a favorite of mine for a number of reasons.
Its central location is perfect for a night at the opera or finishing a night out. Its menu has a fairly sophisticated selection and for the price it's a pretty good deal for a swanky hotel bar place in down town PHX. They have a fairly decent brunch on Sunday morning with generous helping of the mimosas (and they aint shy about pouring) Not an everyday place for sure but a place to take the folks while they visit from out of town and have them wow'ed at the pretty lights as they stand elevated looking at the valley, or to take that special date where you want a memorable quiet night to get to know each other. The service is what you would expect from a place of this caliber and the wine selection is not out of this world...but hey you must remember you are really on top of the Hyatt :P All and all worth while experience.