Members of Colorado’s hospitality industry came together Oct. 1 to discuss hotel development in Denver at the sixth annual Hospitality Summit hosted by Brownstein Hyatt Farber Schreck along with the Colorado Rocky Mountain Chapter of the Cornell Hotel Society.
Alison Hoyt, senior project manager with STR Analytics, started the discussion with an overview of the Denver hotel market that emphasized the growth in demand and room rates. Brownstein’s Nicole Ament, newly named chair of the firm’s Hospitality, Resort and Recreation Group, moderated a panel of leaders from Denver’s real estate and hospitality community. Panelists included: Walter Isenberg, co-founder, president and CEO of Sage Hospitality; Britta Miles, senior vice president of Sunflower Bank; Navin Diamond, president & CEO of Stonebridge Companies; and Deno Yiankes, president and CEO for the investments and development division at White Lodging.
While all of the panelists echoed the health of Denver’s hospitality industry, identifying Denver’s “lifestyle city” reputation and increased access to public transit as two contributing factors, they also all reiterated the importance of having a business platform that can withstand the inevitable ups and downs of the hospitality market.
Hospitality Summit guests enjoyed a chance to network before the panel held at Sage Hospitality’s Oxford Hotel followed by cocktails at Union Station’s Terminal Bar.