Denver-Based Hotel Company Acquires Two Marriott Hotels in Lakewood
In a joint venture with Dallas-based Bedford Lodging, Denver-based Five Senses Hospitality— a hotel company launched by Chris Manley, the former COO of Stonebridge Companies, in 2020—has acquired a Residence Inn by Marriott and a Courtyard by Marriott in Lakewood, bringing Five Senses’ portfolio to eight properties, totaling more than 600 rooms.
“These two acquisitions integrate well with the current Five Senses Hospitality management portfolio,” said Jeff Blackman, founder and president of Bedford Lodging and co-founder of Five Senses Hospitality. “We believe there is a lot of synergy within our existing properties in both staffing and sales strategy.”
Located at 7050 W. Hampden Ave., the 102-room extended-stay Residence Inn by Marriott is suited for travelers who stay for a few days or a few weeks and features studio, one- and two-bedroom suites with fully equipped kitchens, an indoor pool, fitness center and outdoor patio.
The Courtyard by Marriott, located adjacent to the Residence Inn by Marriott at 7180 W. Hampden Ave., includes 90 modern guest rooms, meeting space, an indoor pool and hot tub, fitness center, outdoor patio and The Bistro, offering guests a wide variety of made-to-order breakfast and dinner items as well as grab-and-go options.
Both hotels are just minutes from the Denver Federal Center, one of the largest concentrations of Federal agencies outside of Washington, D.C., and less than 10 miles from Red Rocks Park and Amphitheater, Colorado’s historic concert and entertainment venue.
“We jumped at the opportunity to acquire two of the hospitality industry’s strongest brands in Lakewood, a well-established sub-market of Denver, at an attractive cost basis,” added Chris Manley, founder and president of Five Senses Hospitality. “We will commence on a major renovation that will enhance the guest experience as our industry recovers from COVID-19. The renovation will be completed in early 2022.”