Not bad at all... Hyatt Regency is basically a cookie cutter hotel, nothing extravagant or surprising really, but a solid place to stay. We had a king bed that seemed HUMONGOUS, it was wonderful and the room was nice and cool and got completely dark with the blinds closed. While this hotel is more geared towards the traveling businessmen, it was comfortable and after a good meal at The Compass Grill it felt amazing to stumble to our room and crash out in that wonderful bed. While there are some more romantic and elegant hotels around the Valley, if you need to be in Downtown Phoenix, the Hyatt Regency is pretty centralized and a good choice.
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