Horwath Special Market Report - Denver
Overview of the Denver Metropolitan Area 2016 Lodging Market
The hospitality industry in Metro Denver continues to experience a strong turn-around from the economic downturn that took place in late 2008 – 2010. Occupancy trends for 2015 reflected a vastly improved market with record occupancy and average room rate levels. It is believed that calendar year 2016 will reflect results similar to the record occupancy and average room rate levels achieved in 2015.
The hospitality industry in Metro Denver continues to experience a strong turn-around from the economic downturn that took place in late 2008 – 2010. Occupancy trends for 2015 reflected a vastly improved market with record occupancy and average room rate levels. It is believed that calendar year 2016 will reflect results similar to the record occupancy and average room rate levels achieved in 2015.
About Horwath HTL
Horwath HTL is focused one hundred percent on hospitality, tourism, and leisure consulting. Our services cover every aspect of hotel real estate investment, tourism, and leisure development. Our clients choose Horwath HTL because we have earned a reputation for impartial advice that will often mean the difference between failure and success. Each client project is unique, and they rely on us to utilize the experience we have gained throughout our 100-year history to assist them in achieving their goals. Being a global firm with 52 offices in 40 countries, we have successfully carried out over 40,000 assignments for both public and private clients. As part of the Crowe Global network, a top-ten accounting, and financial services network, Horwath HTL is the number one choice for companies and financial institutions looking to invest and develop in the industry.
For more information, please visit www.horwathhtl.com.