Carey Watermark purchases Embassy Suites in Denver

embassydenver
Hodges Ward Elliott represented the former owner in the sale of the Embassy Suites by Hilton Denver – Downtown/Convention Center. Carey Watermark Investors 2 purchased the 403-suite, full-service hotel located in Denver, Colo.

The Embassy Suites by Hilton Denver – Downtown/Convention Center opened in December 2010 and is a 17-story state-of-the-art property with 26,000 square feet of meeting space, a full-service American-style restaurant and bar, leased restaurant located at street level, Starbucks café, indoor swimming pool and fitness facility and structured parking. CWI 2 plans to complete a guestroom softgoods renovation starting in the winter of 2016.
Read more on

Suggested Articles

Gross operating profit per available room dropped to -$17.98 while total RevPAR dropped 92.9 percent to $17.39 for the month.

As businesses plan their back-to-work strategies, implementing a safe workplace is at the top of every executive’s mind.

The company is extending furloughs of above-property employees and anticipates a significant number of position eliminations later this year.