HREC Investment Advisors has arranged the sale of the 122-room Hampton Inn Denver-International Airport, located at 6290 Tower Road. The buyer was Denver Airport Lodging, LLC, an affiliate of Colorado Hospitality Services, Inc. The sale price was not disclosed.
Colorado Hospitality Services, Inc. continues to expand its presence in the Denver International Airport hotel market with the addition of the Hampton Inn Denver-International Airport. Its portfolio now includes five well-positioned hotels serving DIA travelers and 22 additional properties throughout the Denver Metro area, reflecting their strong and growing commitment to this vibrant and resilient hospitality market.
HREC Investment Advisors exclusively represented the seller, Trigild IVL LLC, on this transaction. The marketing and negotiations were led by Jeffrey Duni (senior vice president – Denver & broker of record for Colorado), Herb Warmbrodt (principal – Kansas City), Mike Dubé (senior vice president – Denver), and Adam Lallani (vice president – Houston).
Denver stands as the preeminent economic, social, cultural hub of the Rocky Mountain region. Renowned for its dynamic economy, metro Denver boasts a diverse range of thriving industries, including energy, aerospace, bioscience, information technology (software), and financial services. The workforce in the Denver metropolitan area is among the nation’s most highly educated, with 47.8% of adults being college graduates, and an impressive 92.3% having graduated from high school.
Offering more nonstop flights than any other airport in the U.S., Denver International Airport continues to be a major demand generator for the market and Denver as a whole. Approximately 77.8 million passengers utilized DIA in 2023, an increase of 12.3% from the prior year’s record. As of October 2024 YTD, DIA has accommodated 69.2 million passengers, a 6.7% YoY increase. The airport is estimated to have generated over $36.4 billion to the state of Colorado’s economy last year. The DIA hotel sub-market continues to be one of the most resilient in Colorado.
