CBRE Hotels exclusively presents the opportunity to acquire two institutional-quality, Hilton branded assets - the 205-room Embassy Suites Colorado Springs and the 205-room Embassy Suites Denver Tech Center North.
Both hotels benefit from locations in high-growth Colorado markets that each provide a diverse array of demand generators. Denver and Colorado Springs have recently been recognized as two of the fastest growing cities in the nation, with strong and diversified economies and excellent quality of life.
The hotels can be purchased individually or as a portfolio. Both are unencumbered of management, fee-simple interest, and non-union labor.
Embassy Suites Colorado Springs
- Institutional quality asset, well maintained by ownership
- Embassy Suites by Hilton is one of the market leading full-service, all-suite brands
- Competitive market RevPAR growth of 5.3% over last 12 months
- Diversified demand generators include leisure, government and corporate
- Exceptionally strong brand for the market, positioned to capture more than share of transient and SMERF group business
- Potential to increase market share upon completion of PIP
- Unencumbered of management
- Exceptional location proximate to the north I-25 growth corridor, Air Force Academy, downtown, and leisure attractions
- As 2nd largest MSA in the state, Colorado Springs was named one of the top 10 places to live in the U.S. (2022-2023)
Embassy Suites Denver Tech Center North
- Institutional quality asset, well maintained by ownership
- Embassy Suites by Hilton is one of the leading full-service, all-suite brands
- Strong competitive market RevPAR growth of 26% over last 12 months
- Upside following completion of PIP
- Potential to convert into multifamily; for more information, please contact: Justin Hunt @ justin.hunt@cbre.com
- Unencumbered of management
- Central Denver location proximate to the Denver Tech Center with 12.4 million sq. ft. of office space and major employers
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