Experience the AC Hotel Phoenix Tempe/Downtown, the first hotel on Tempe Town Lake. The European-inspired hotel is a stylish alternative to a typical hotel stay and is conveniently located near Downtown Tempe, Arizona State University, and corporate offices. Amenities include an AC Kitchen with European-inspired breakfast, an AC Lounge for evening cocktails and tapas, a rooftop pool with stunning views, and an AC Library for a connected workspace.