ATLANTA—Hunter Hotel Advisors acted as exclusive agents in the sale of the 193-room Country Inn & Suites By Carlson, Denver International Airport.
Sand Companies, Inc., sold the six–story hotel for $15.5 million to Stonebridge Hospitality, a privately owned hotel management company headquartered in Denver. The buyer plans to completely renovate and convert the property into a Courtyard by Marriott, offering the latest Courtyard Generation Six interior design finishes and amenities, according to the company.
“We had tremendous buyer interest due to the hotel’s prime location next to one of the busiest airports in the U.S.,” said Teague Hunter, president of Hunter Hotel Advisors. “Stonebridge took advantage of this opportunity to continue to invest in Denver, which has been an industry leader in occupancy and ADR growth for the past few years.”