by Amanda Miller Published: October 28,2011
Tags: John Q. Hammons, Renaissance Hotel
A construction company that was the lone-bidder on a 300-room hotel on the far-north end of Colorado Springs now faces the difficult challenge of selling it in a depressed real estate market. The market for the hotel is limited, said Robert Benton, a Denver hotel real estate consultant. The only potential buyers are those with very deep [...] [...]
by Amanda Miller Published: October 26,2011
Tags: Flintco, John Q. Hammons, Renaissance Hotel
A construction company that was the lone-bidder on a 300-room hotel now faces the difficult challenge of selling it in a depressed real estate market. [...]
by Amanda Miller Published: October 19,2011
Tags: hotel, John Q. Hammonds, Renaissance Hotel
The John Q. Hammons Renaissance Hotel at Interquest Parkway will go on the auction block at 10 a.m. in the lobby of the El Paso County Sheriff’s Office at 210 South Tejon Street Thursday. Bidding is expected to start at about $30 million based on the foreclosure judgment that construction contractor Flintco won against legendary hotelier [...] [...]
by Amanda Miller Published: July 22,2011
Tags: Flintco, Foreclosure, JD Holdings, John Q. Hammons, Nor'wood, Renaissance Hotel
When the 300-room Renaissance Hotel on the north end of Colorado Springs goes to foreclosure auction in October, will anyone bid on it? Less than a year ago, investors were interested in taking over the project, near Interstate 25 and Interquest Parkway, but some watching the deal today say the bidding price, expected to start around [...] [...]
by Becky Hurley Published: April 12,2010
Tags: delayed construction, John Q. Hammons, Renaissance Hotel
Colorado Springs isn't the only community to see the delayed opening of a John Q. Hammons hotel. [...]
by Becky Hurley Published: July 13,2009
Tags: Renaissance Hotel, RevPAR, room rates
When close competitors in the hospitality industry cut their prices, the temptation for hotel operators is to follow with reductions of their own. While that strategy pays off in increased occupancy, it usually reduces revenue per available room, or RevPAR, among all hotels in a market area. That’s the latest finding from the Cornell Center for Hospitality [...] [...]
by Becky Hurley Published: June 26,2009
Tags: Renaissance Hotel
Less than a year away from completion, the $60 million, 300-room Renaissance Hotel on Interquest Parkway is beginning to take shape. On a site tour last week, the CSBJ learned that groups are already booking room nights in anticipation of the hotel’s opening next spring. “We’ve already had a lot of calls from people wanting reservations for [...] [...]
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