Denver's Huge Hotel Room Pipeline

Bisnow is on the ground at the 35th annual NYU hospitality conference in Manhattan, where we found NYU Preston Robert Tisch Center divisional dean Bjorn Hanson and Loews Hotels chairman Jonathan Tisch (whose father is the namesake for the school's hospitality, tourism, and sports management school department). In front of a crowd of 1,800,Jonathan namedcritical itemsforindustry focus: competing forinternationaltravelers; delivering a great, seamless travel experience, from visas to going through customs;and creatingpublic policiesthat support travel.

[caption id="attachment_79637" align="alignnone" ] Source: STR Global[/caption]

We topped Miami, proof this chart probably didn't have a swimsuit competition.Supply and demand are both at historic levels, says STR Global chairman Randy Smith.Monthly room supply clocked in at nearly 148 million rooms in April, a 600,000-room jump in only 10 years. Room demand is also on a tear at 92 million room nights a month, a new record, he says.Denver's adding some 1,900 rooms to the market, including the 500-room Westin coming to the Denver International Airport in 2016 and the 230-room Marriott Renaissance at the Colorado National Bank building. Check out today's Hotel Sheet for more coverage from the event.

Who's got the coolest offices in Denver? Send us pics and descriptions for our Cool Cribs feature to Jarred@Bisnow.com.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Denver Newsletters
Related Stories

From Pandemic Darling To Cautionary Tale: Pickleball Clubs Face A Reckoning After Betting Big On Retail Space

Foundry Robotics Leaves San Francisco For New East Bay HQ

Tenant Rep Firm Expands To Philly, Hires Industry Veteran

Data Centers Lose The Top Spot, San Francisco Jumps 40 Places: 9 Takeaways From ULI's 2027 Outlook

Cushman & Wakefield, NYC Added To Suit Alleging $250K Agency Lease Shakedown

Escape Game, Game Show Experience Coming To RiNo: The Denver Deal Sheet

Denver Public Schools' $11M Centennial Hall Purchase Marks Rare Land Sale For ULC

Brandywine Plans To Sell $200M Worth Of Properties In 2027

Conversions Ramp Up As New Report Calls For Resident-Led Downtown Denver Recovery

Pennsylvania Reveals Draft Map Of Areas To Benefit From Opportunity Zones 2.0

Cresa Taps Nathan Knowles As Atlanta Market Leader

Developer Of $3.8B Atlanta Project Discloses $19M Accounting Error