Even through one of the hottest months of the summer, downtown continued to show resilience. From sustained hotel performance to growing activity on 16th Street and continued business investment, July’s data from the Downtown Denver Partnership points to a downtown that is maintaining its momentum.
Hospitality remains steady
- Hotel occupancy held strong at 79% in June.
- Revenue per available room (RevPAR) remained stable, easing only slightly from $189 in June 2025 to $187 in June 2026.
16th Street continues to build momentum
- Total visits to 16th Street are up 11% year-to-date, generating 162,000 more visits than the same period last year.
- 89,000 additional unique visitors have experienced the corridor so far this year.
- Visitors are also staying longer, with average dwell time increasing by 16 minutes compared to the same period in 2025.
Downtown’s office market continues to stabilize
- Office vacancy remains flat at 29%, with little movement throughout 2026.
- Net absorption continues to improve, reaching -18,000 square feet year-to-date, supported by the positive 82,778 square feet we saw in Q1 2026.
- Downtown has recorded 146 leasing transactions, totaling 1.4 million square feet of leasing activity so far this year.
New businesses continue to invest in downtown
- Downtown has welcomed 36 new businesses since the beginning of 2026.
- July brought the opening of La Vietta on Platte Street, and August will bring three exciting new concepts: Moonlight Assembly
,at Denver Pavilions, Fabrieks EXP Marketplace at BASECAMP Market Station, and Call Your Mother in the Union Station neighborhood.
For full charts, data visualizations, and deeper analysis, explore the complete July 2026 High Frequency Report or interactive dashboard here.
