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Renovation economics and per-key investment

1 story · First covered Apr 20, 2026 · Latest 3h ago
Renovation economics and per-key investment Coverage
$70M for 1,100 Rooms Sounds Like a Commitment. The Real Question Is Who's Holding the Bag.

$70M for 1,100 Rooms Sounds Like a Commitment. The Real Question Is Who's Holding the Bag.

The Hyatt Regency Denver just wrapped a $70 million renovation on a convention center hotel owned by a quasi-governmental nonprofit, and the per-key math tells a very different story than the press release about "natural wood and stone materials."