Imagine staying at a Scottsdale hotel and seeing Julia Roberts poolside, George Clooney trotting around in tennis shorts and Stevie Wonder playing the piano. With the reopening of Hotel Valley Ho at 68th Street and Indian School Road in downtown Scottsdale, that scene might not be so far-fetched. After all, the 50-year-old hotel --which reopens Tuesday after an $80 million renovation -- was once a favorite hangout and getaway among Hollywood's most luminous. Humphrey Bogart, Bette Davis, Marilyn Monroe, Betty Grable and Ingrid Bergman used to frequent the hotel's tennis courts. Zsa Zsa Gabor and her daughter rode around the property on horses and Jimmy Durante sneaked down to the lobby piano when he couldn't sleep. Sweethearts Robert Wagner and Natalie Wood were married there and Hollywood heavyweights Cary Grant, Rock Hudson, Janet Leigh, and Tony Curtis would stroll through the hotel's lawns and gardens in between time smoking cigarettes and looking cool. But as the Valley Ho aged, its reputation as downtown's hottest spot dwindled, leading to the major overhaul that its new owners thought necessary, said Scott Lyon, partner of Westroc Hospitality, the Scottsdale-based company that now owns and will manage the hotel. It's crucial the Valley Ho looks good as the anchor of the west end of downtown Scottsdale, said John Little, executive director of the city's downtown group. The property is seen as a key component to the rebirth of downtown Scottsdale, where more than $1 billion in private and public development and redevelopment is taking place. "The Valley Ho is going to be another jewel in our crown in terms of quality," he said. "Seeing the Valley Ho, as a historical property, get a face-lift is so important to us as a way of preserving the history and planning for the future." Indications of that future are visible throughout south and downtown Scottsdale. They include revitalization of other historic city landmarks such as the Old Adobe Mission church, ongoing roadway improvements to south Scottsdale's major streets and the influx of luxury lofts, condominiums and the proposed "W" hotel. The Valley Ho is an important part of all that as "the most historically significant hotel in the downtown," Little said. Jo Ann Handley, a member of the Scottsdale Historical Society and city native, agreed. She was in her 20s when the Valley Ho opened in 1956 and said the hotel meant a lot to the city back then. "It was going to be an upscale hotel, and it really was an addition," she said. "It really was showing that Scottsdale was growing up." Whether the Valley Ho will experience the popularity among celebrities as in its heyday is anyone's guess. But, it's certainly possible, Little said. "All of downtown is becoming a celebrity hot spot," he said. "And I think the Valley Ho will contribute significantly to what we're already seeing today."