INVESTMENT HIGHLIGHTS

HUNTER HOTEL ADVISORS has been retained as the exclusive advisor to solicit offers on the 299-room, 11-story Holiday Inn Denver East (the “Hotel” or “Property”). Located at 3333 Quebec St, Denver, Colorado, the fee simple, institutional quality Hotel benefits from its prime location across the street from United Airlines Flight Training Center, the largest airline training facility in the world. The full-service Hotel is located in Denver’s largest neighborhood, Central Park, which plays host to an established residential population, several healthcare institutions, and a strong corporate demand base comprised of logistics and financial services companies.  

This offering presents an investor with the opportunity to acquire a well-located, institutional quality Hotel at a discount to today’s replacement cost. The Hotel is being offered unencumbered by management, providing an investor with the opportunity to increase NOI through implementing focused revenue management and cost control initiatives. The Hotel is currently affiliated with IHG’s full-service Holiday Inn brand, and a new owner has the ability to renew the long-term IHG license by completing the Change of Ownership PIP, pursue different branding options, or explore an alternative use for the property to match local demand and investment objectives. 

• High Quality, Full-Service Hotel: The Holiday Inn features 299 keys across 11 floors, and is located directly across from the United Airlines Flight Training Center, the largest airline training facility in the world, hosting over 32,000 training events annually. The full-service Hotel features amenities including an outdoor pool, fitness center, business center, and 13,063 square feet of meeting space. Additionally, the Property’s F&B outlet, Burgers & Crafts, offers breakfast, dinner, and a full-service bar. 
• Irreplaceable Location Proximate to Varied Demand Drivers: The Hotel is strategically positioned in Denver’s Central Park neighborhood with easy access to Denver International Airport, downtown Denver, and major corporate, healthcare, and logistics hubs. The Property is also within walking distance to high quality retailers and dining outlets. 
• Operational Upside: The asset is institutionally owned and third-party managed. An investor has the opportunity to realize significant upside by changing the management strategy to focus on revenue management, cost control initiatives, and operational efficiencies. Additionally, following the completion of the Change of Ownership PIP, a new owner will be able to drive top line performance at the Hotel.
• Significant Value-Add Potential and Conversion Optionality: Buyer can renew the long-term IHG license by completing the Change of Ownership PIP, pursue different branding options, or explore an alternative use for the property to match local demand and investment objectives.
• Attractive Basis and Discount to Replacement Cost: The Hotel is being offered at a meaningful discount to replacement cost and will be delivered unencumbered of debt and management.

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ABOUT HUNTER

Hunter Hotel Advisors is the leading investment advisory firm focused exclusively on the hotel industry. Their seasoned team of investment professionals and offices nationwide consistently provide clients with optimal results in hotel brokerage, financial advisory and capital markets services of any size or complexity. With over 45 years of experience in both full and select-service single assets as well as portfolio marketing, the firm’s capacity in valuation, economic analysis, and industry relationships has allowed HUNTER to consistently maximize value regardless of market conditions.

Hunter Hotel Advisors is the founder and producer of the well-known and respected Hunter Hotel Investment Conference. Since their first conference in 1989, they have had a consistent focus on producing an educational and networking format based on real estate and finance for hotel owners.