Davidson to Manage Hyatt Regency Denver Tech Center
Monday September 23rd, 2013 - 9:38AM O
| | | | | | | | | | |
These are shortcuts to your favorite social networking and bookmark sites. Add this story to your Facebook page, del.icio.us, DiggIt, and many others!
DENVER, CO—Davidson Hotels & Resorts has taken over management of the 451-room Hyatt Regency Denver Tech Center here.
This is the second hotel that Davidson manages on behalf of the hotel’s owner, JMI Realty, a real estate investment and development company specializing in lodging and urban redevelopment.
The 11-story hotel is located at the corner of I-25 and 225 Highways and nearby to downtown Denver, the Denver International Airport and the Belleview light rail station.
The hotel features more than 30,000 sq. ft. of function space, including an 11,000-sq.-ft. ballroom, a 4,000-sq.-ft. top floor social event space and an amphitheater. A renovation of the hotel’s meeting space is planned.
Additionally, the hotel recently completed a renovation of the public space, including the lobby, restaurant and lounge. Root25 Taphouse & Kitchen offers Colorado craft beer, spirits and locally sourced ingredients. In addition, Perks Coffee & Go is a gourmet market featuring Starbucks coffee and specialty breakfast and lunch items.
Additional hotel amenities include an indoor swimming pool and hot tub, large outdoor garden with fire pit and a Hyatt Stay Fit Gym.
The seller was advised exclusively on the transaction by HREC Investment Advisors, the brokerage side of Hospitality Real Estate Counselors, headquartered in Greenwood Village, CO.
Tags: Davidson Hotels Resorts • JMI Realty • Denver • Hyatt Regency Denver Tech Center • Hospitality • Management Companies •
For the past few years, the talk of The Lodging Conference in Phoenix had been focused on the economic recovery, solid industry projections and “cautious optimism.” With the word cautious no longer necessary, the economic outlook took a backseat this year to the seemingly unending parade of new lifestyle brands.