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Jan. 6, 2014

Holiday Inn Express Hotel & Suites Denver East – Peoria Street Opens in Denver

By Adrian Maties, Associate Editor

The Holiday Inn Express Hotel & Suites Denver East – Peoria Street is now open. InterContinental Hotels Group announced the opening of the new hotel at the end of December. It is designed with the Holiday Inn brand family’s $1 billion global brand relaunch in mind.

The five-story hotel is located at 12140 E. 45th Avenue, near Coors Field, home of the Colorado Rockies, as well as a variety of local shopping and restaurants. It offers 81 spacious guestrooms and suites for both business and leisure travelers. Rooms feature flat screen TVs, comfortable queen or king-sized beds, refrigerators, microwave ovens and much more. Hotel amenities include a 24-hour fitness center, complimentary high-speed Internet access, indoor swimming pool, and a business center with computers. With a redesigned logo and signage, the new hotel is owned and managed by 4470 Peoria HIX LLC, and is franchised by an affiliate of InterContinental Hotels Group.

“Holiday Inn Express hotels are designed to be the smart choice for value-conscious business and leisure travelers,” says Heather Balsley, SVP, Americas Holiday Inn® brand family. “With more than 2,200 properties worldwide and 450 more in the pipeline, the Holiday Inn Express portfolio continues to provide our guests with an enhanced-stay experience at a great value.”

Marcus&Millichap reports that hotel occupancy in the Mountain West Region is recovering from the low levels during the recession. In the first four months of the year, regional occupancy increased to 53.2 percent, with two of the five states in the region posting higher occupancy than one year ago. Colorado was one of them. Occupancy in the state climbed to 55.8 percent during the period on the strength of a 5.9 percent rise in room demand.

“We are excited to be a part of the Holiday Inn brand family,” says Caleb Brooks, general manager. “Denver is a vibrant city and there are so many options for travelers whether they want to enjoy the outdoors or the city’s numerous sporting venues. Our hotel is conveniently located to many of the city’s major attractions.”

Photo credits: InterContinental Hotels Group

Charts courtesy of Marcus & Millichap Real Estate Investment Services

 

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