RiNo District Adds New 50-Room Boutique Hotel
Denver, CO – The Ramble Hotel, an independently owned, three-story hotel will open in late 2017 with 50 guestrooms; an intimate theatre and bar; flexible meeting space; a small retail outlet; an outdoor courtyard; an independently owned restaurant; and a marquee lobby bar, Death & Co Denver. The bar marks the …
Denver Public Schools Board of Education to Vote Sale Emily Griffith Site to Stonebridge
View here The Denver Public Schools Board of Education is scheduled to vote on the sale of Emily Griffith’s historic location to Stonebridge Companies on Thursday, August 18th. The use of the land is undisclosed. Photo credit: By Dtobias (Own work) [CC BY-SA 3.0 (http://creativecommons.org/licenses/by-sa/3.0) or GFDL (http://www.gnu.org/copyleft/fdl.html)], via Wikimedia Commons
Denver Sets All-Time Monthly Record Hotel Tax Receipts
View here Visit Denver recently reported a monthly record collection of $9.8 million in June 2016 in hotel tax receipts, which surpasses the previous record of $8.3 million in July 2015. Visit Denver attributed a 4% increase in hotel rooms available and several large conventions held in Denver in June, …
CO Tourism Sets All-Time Records for Visitation and Spending in 2015
Denver, CO – The Colorado Tourism Office (CTO) recently announced that Colorado once again set all-time records for total visitors, visitor spending and tax generation in 2015, welcoming 77.7 million visitors who spent $19.1 billion and generated $1.13 billion in state and local tax revenue. This is the fifth consecutive …
Update on Proposed TOD Orchard Station in Greenwood Village
View here Alberta Development Partners has reportedly removed its master development plan for Orchard Station, a planned transit-oriented development set to break ground in Greenwood Village. Rendering courtesy of Alberta Development Partners, LLC
Despite Increase Supply Hotel Rooms, Average Daily Rate Denver Hotels Still on Rise
View here The Rocky Mountain Lodging Report was released indicating that despite an increase in the supply of hotel rooms in the Denver metro area, the average daily rate of Denver hotels still rose from $130.12 to $136.72, over the first half of the year. The report also predicts that the average …
Fountainhead Commercial Capital Finances $6.7M Hotel Purchase Westminster
Westminster, CO – Fountainhead Commercial Capital recently announced it closed a hotel loan, financing the $6.7 million purchase of a 77-room Comfort Inn & Suites, located in Westminster, Colorado, just north of the Denver city limits. Purchaser Interstate 17, Inc. financed the acquisition with Fountainhead’s loan with plans to renovate …
CO’s Economy Outperforms Nation According to CO Business Review 2016 Mid-Year Update
by Julie Wanzer, LEED AP Denver, CO – The University of Colorado Boulder Leeds School of Business recently released their 2016 mid-year economic update. The report draws from data and findings from several contributors including, but not limited to, Construction Economics, LLC, Colorado Department of Labor and Employment, and the …
Gaylord Rockies Expands Marriott’s Meeting Space Offerings & Boosts Colorado’s Construction Workforce
by Julie Wanzer, LEED AP Denver, CO – The Gaylord Rockies Resort & Convention Center was highlighted by Marriott International, Inc. in a speech given by Brian King, the company’s Global Officer, Brand Management & Global Sales, at the Global Business Travel Association’s annual convention in Denver on July 17, 2016. …
TOD Orchard Station Coming to Greenwood Village
by Julie Wanzer, LEED AP Greenwood Village, CO – A new transit-oriented development (TOD) in Greenwood Village has been unveiled by Alberta Development Partners. This type of development first took center stage in 2006 when the City and County of Denver released its TOD Strategic Plan to help guide TOD related …