In June 2004, CHM was selected by the Denver Convention Center Authority to serve as the asset manager of the 1,100-room Hyatt Denver Convention Center Hotel which was under construction. This $285 million hotel project broke ground in June 2003 and opened in December 2005 in support of the recently expanded Colorado Convention Center. During the development phase, CHM monitored pre-opening sales, marketing and competitive positioning, pro-forma and budget development, and supported the relationship among the hotel management company, Convention and Visitors Bureau and project management to develop booking policies, operational efficiencies, and streamline communication. Once operational, CHM assumed the role of asset manager, acting as the Authority’s representative and working closely with management to monitor all aspects of operational performance, budgeting and capital requirements, and ensuring required bond-financing compliance. The hotel features 1,100 rooms on 37 floors, contains approximately 60,000 square feet of meeting and function space, 600 parking spaces, a 6,700-square foot health club, restaurant and multiple lounges.

To learn more about how CHM contributed to making the Hyatt Regency Denver one of the most successful new hotel openings in brand history, visit our case study.