BETHESDA, Md.—As part of Host Hotels & Resorts’ efforts to transform the Denver Marriott Tech Center Hotel, the Company has selected Denver-based Sage Hospitality to manage the hotel pursuant to a Marriott franchise agreement.
Beginning in late 2015, the hotel will undergo an extensive multimillion dollar renovation to completely modernize every aspect of the hotel. This renovation includes all 628-rooms of the two towers and will reconfigure and enhance the entrance, lobby, restaurants, and 45,000 square feet of event space. In one of the two towers, the room count will shrink as certain standard king rooms will be converted to executive king suites with upgraded finishes and amenities such as microwaves and refrigerators to reach out to the extended-stay customer. In addition, the fitness center and the concierge lounge will be relocated to the tower with the executive suites to create a complete experience for the business traveler.
The Denver Tech Center is home to several large technology corporations, including Oracle, IBM, Hewlett Packard, and First Data.
“We are very excited about the transformational repositioning of this hotel in partnership with an experienced local operator, Sage Hospitality, to create significant value in this asset,” said Minaz B. Abji, executive vice president, asset management. “As we have indicated previously, our strategy is to own the right assets with the right brands and managed by the right operators. While most of our iconic assets in major gateway markets benefit from brand management, with assets such as Denver Marriott Tech Center, a local franchised operations model is the preferred choice.”