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.

Suggested Articles

A new report from Horwath HTL indicates upper-midscale, upper-upscale segments benefiting, with location remaining a key factor.

IHG's boutique brand will open two adaptive-reuse boutique hotels in Mexico City's Polanco neighborhood next year. 

Shangri-La Group Middle East, India and Indian Ocean EVP John Northen said the new properties would be in "key locations" around the country.