John Montgomery of Horwath HTL Denver, CO, USA, has updated his report on Denver, Colorado, with 2015 market data.
“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 year-end 2012 and 2013 reflected a vastly improved market while record occupancy and average room rate levels were reached in 2014. It is believed that calendar year 2015 will reflect results similar to the record occupancy and average room rate levels achieved in 2014.”
To download the report, please click here.