This is a great place to start a night in downtown Phoenix. The hotel has an interesting/haunted history. During the fall there are ghost tours, but if you stay the night, you might get one of the staff to show you around.
There are some nice historical photos of Phoenix on the walls, and chandeliers hanging. (I'm always a fan of a chandelier). The drinks were reasonable, and it's a good location to walk to other bars/restaurants in phoenix.