DENVER, Colorado—HREC Funding Advisors introduced that it has organized the sale of the 122-room Hampton Inn Denver-Worldwide Airport in Denver, Colorado. The client was Denver Airport Lodging, LLC, an affiliate of Colorado Hospitality Providers, Inc.
HREC Funding Advisors solely represented the vendor, Trigild IVL LLC, on this transaction. The advertising and negotiations had been led by Jeffrey Duni (senior vice chairman, Denver and dealer on report for Colorado), Herb Warmbrodt (principal, Kansas Metropolis), Mike Dubé (senior vice chairman, Denver), and Adam Lallani (vice chairman, Houston).
Colorado Hospitality Providers, Inc. continues to develop its presence within the Denver Worldwide Airport resort market with the addition of the Hampton Inn Denver-Worldwide Airport. Their portfolio now contains 5 resorts and 22 extra properties all through the Denver Metro space.
Denver has a spread of industries, together with vitality, aerospace, bioscience, info know-how (software program), and monetary companies. The workforce within the Denver metropolitan space is among the many nation’s most extremely educated, with 47.8 p.c of adults being faculty graduates, and 92.3 p.c having graduated from highschool.
Providing extra nonstop flights than some other airport within the U.S., Denver Worldwide Airport continues to be a significant demand generator for this market and Denver total. Roughly 77.8 million passengers utilized DIA in 2023, a rise of 12.3 p.c from the prior 12 months’s report. As of October 2024, DIA has accommodated 69.2 million passengers, a 6.7 p.c year-over-year enhance. The airport is estimated to have generated over $36.4 billion for the state of Colorado’s economic system final 12 months.
