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.