Special Market Report, Issue 57: Denver, CO
By John Montgomery on February 18, 2016
John Montgomery of Horwath HTL Denver, CO, USA has written the next in our series of market reports, focusing on the hospitality industry in Metropolitan Denver.
‘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.‘