DEAL OVERVIEW
Excellent Location Near Numerous Demand Generators The Fairfield Inn & Suites Denver Airport and SpringHill Suites Denver Airport boast an exceptional location, providing guests with convenient access to numerous destinations and attractions. Situated outside the Denver International Airport, the second largest airport in the world by total area, the hotels offer easy access for travelers. The Denver International Airport handled over 77.8 million passengers and 681 million pounds of cargo in 2023, supported by a workforce of 35,000 employees and contributing $36.4 billion to the annual economic impact. Just 3 miles from the hotels is the Rocky Mountain Arsenal National Wildlife Refuge, which spans 15,000 acres. The refuge is home to 330 species of animals and attracted approximately 500,000 visitors in 2023. Additionally, Denver is home to 5 professional sports teams. Key stadiums include Dicks Sporting Goods Park (6.5 miles), Coors Field (12 miles), Ball Arena (13 miles), and Empower Field at Mile High (14 miles). The hotels are also conveniently 10 miles from two top medical facilities. UCHealth University of Colorado Hospital, ranking No. 1 in Colorado 13 years in a row, features 678 beds and 820,000 square feet of space. Nearby, Children’s Hospital Colorado Anschutz Medical Campus, the No. 7 pediatric hospital in the nation, offers 486 beds. Denver attracts over 37.4 million visitors annually to its top attractions, which are easily accessible from the hotels. These include the Wings Over the Rockies Air & Space Museum (9 miles), Denver Zoo (10 miles), and Denver Museum of Nature & Science (10 miles). Moreover, the Downtown Denver area, located 10 miles from the hotels, is home to 10 Fortune 500 companies, including Arrow Electronics, DISH Network, Ball, DCP Midstream, Ovintiv, Liberty Media, Qurate Retail, Newmont, VF, and DaVita.
Offered Below Replacement Cost in High Growth Market The Fairfield Inn & Suites Denver Airport and SpringHill Suites Denver Airport is being offered at a discount to replacement cost in a growing airport market. The Denver International Airport has reported its busiest year in 2023 recording more than 78 million passengers, prompting prominent airlines including United to invest $1 billion to expand its operations. Projects are underway to handle up to 120 million passengers by 2045. The offering presents an opportunity to buy into an exponentially growing market adjacent to one of the fastest-growing airports in the world at an attractive basis.
Institutional Hilton Branded Asset Marriott’s Fairfield Inn & Suites and SpringHill Suites Denver Airport is one of the strongest brands in the Marriott family. Premium branded assets have distinct competitive advantages compared to the rest of the market due to their large rewards and reservation systems as well as name recognition. All Marriott properties are backed by the Marriott Bonvoy reward program which boasts over 160 million members across 33 brands and more than 7,000 hotels worldwide.