Loews Denver prepares for fall debut as a Hyatt Place

The former Loews Denver Hotel in Glendale, Colo., will reopen this fall as a Hyatt Place after $10-million renovation, Hyatt Hotels Corp. said. Hyatt, through an affiliate, has entered into a franchise agreement with new owners DiNapoli Capital Partners and Rockwood Capital to brand the property. The hotel's official name will be the Hyatt Place Denver/Cherry Creek.

San Jose, Calif.-based DiNapoli is a real estate investment and management firm that also owns the Hotel Teatro in downtown Denver, the Denver Business Journal reports.

Loews sold the hotel in January for a reported $11.2 million.

The property, built in 1986, was originally known as the Giorgio.

Post renovaton, the hotel will have 194 rooms, 3,000 square feet of meeting and function space, free Wi-Fi, a fitness center and 24-hour food service.

 

Suggested Articles

The new hotel is a mile from where the brand made its debut in London's Mayfair neighborhood 48 years ago. 

A new report from HVS suggests franchising is gaining popularity across Europe's hotel sector as the big brands seek new markets across the region.

The hotel investment properties chief sees emerging trends on the horizon as investment patterns shift.