PKF Hotel Market Demand and Financial Analysis - DIA Business ...

The Westin Denver International AirportHotel Market AnalysisCompetitive Property Number Two (Airport)Embassy Suites Denver International AirportLocationDescriptionAddress:7001 Yampa Street Date opened: 2002Denver, CO 80249 Guestrooms: 174Distance from Subject:7.8 miles•••••••••••••AmenitiesComplimentary cooked-to-order breakfastManager's evening receptionDiazza RestaurantIn-room diningApproximately 5,000 square feet of meeting spaceFitness centerIndoor swimming pool and whirlpoolCoin-operated laundry facilitiesLaundry/valet serviceBusiness centerGift shopLocal area transportationHigh-speed Internet access throughout the hotelNotesThe Embassy Suites is located approximately eight milessouthwest of the proposed Subject in the Tower Roadhotel market. The hotel opened in 2002 and features 174guestrooms. The Embassy Suites is affiliated with HiltonHotels and Resorts and benefits from Hilton's guestreward program and marketing efforts. This hotelrepresents Hilton's all-suite, full-service product.PictureHistorical PerformanceThe Embassy Suites achieved an occupancy leveland ADR above the competitive market average in2011. It should be noted that the Embassy Suitesachieves one of the highest ADRs in the competitiveairport lodging market.IV-9