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Ritz-Carlton Denver Hotel Property for Sale

Thursday, October 08, 2015

HFF has been exclusively retained to offer the opportunity to acquire the fee-simple interest in The Ritz-Carlton Denver, one of the world’s premier luxury hotels.Ritz Carlton Denver

The luxury hotel is ideally located in downtown Denver at Curtis St. and 19th St. It is within two miles of the Colorado Convention Center, more than 45 million square feet of office space and the venues of four professional sports teams and three college campuses.

Opening in 2008 after an extensive renovation, the Ritz-Carlton shares a 37-story tower with private residences and for-rent apartments. Its premium facilities include oversized guest rooms, full-service luxury spa, fitness center, over 12,300 square feet of meeting space and the award-winning Elway’s Restaurant.

One of the most recognized hotel properties for sale in Denver, the Ritz-Carlton maintains a strong advantage over competing properties due to its superior facilities and location in the core of a quickly-growing downtown Denver.

Hotel Property Investment Benefits

  • Central Location: The hotel has a central CBD location near the Colorado Convention Center, more than 45 million square feet of office space, award winning cultural attractions and more.
  • Premium facilities: Facilities have been well-maintained and recently improved with $7 million ($35,000/key) in renovations occurring in 2014 - 2015, limiting capital investment for the next owner.
  • Growing market: Denver’s lodging market has seen tremendous strength in fundamentals with 2014 RevPAR growth of 16.2 percent. The city's record-setting 15.4 million visitors in 2014 should continue to increase with its airport now serving over 53 million passengers each year and offering 20 nonstop international flights.
  • Brand recognition: The Ritz Carlton is one of the most internationally-recognized lodging brands and is strongly affiliated with the luxury lifestyle. Brand affiliation will allow the property to maximize RevPAR growth by continuing to capture high-rated transient guests, particularly among international visitors, as well as brand-loyal groups.

If you are looking for hotel properties in Denver and want more information about the Ritz-Carlton Denver, please contact our HFF Denver office.

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