HREC Investment Advisors is pleased to present the opportunity to acquire the fee-simple interest in the Denver International Airport 2-Hotel Portfolio, consisting of the 163-guestroom DoubleTree Denver International Airport and the 142-guestroom Holiday Inn Express & Suites Denver Airport (“Hotels, “Properties,” or “Portfolio”), which can be acquired separately or together.
Investment in the Denver International Airport 2-Hotel Portfolio creates an ownership stake in one of the best-performing and most resilient airport markets in America. Totaling just over 300 rooms, the portfolio allows an investor to deploy significant equity capital in high quality assets, each of which have been recently renovated. While the assets may be acquired individually, there are operating efficiencies to owning both properties. The DoubleTree, by virtue of its meeting space and restaurant, is the only true full-service hotel in the Tower Road corridor sub-market and thus enjoys a competitive advantage due to limited nearby food & beverage options. The adjacent Holiday Inn Express also benefits from these full-service amenities. The Hotels are located on Tower Road proximate to Pena Boulevard, the only access road to the airport, making them among the closest hotels to the airport. Long-term growth projections for the airport, and significant capital investment to accommodate such growth, makes this acquisition opportunity an excellent extended hold period investment.