Study: Hotels Would Take Huge Hit If Gaylord ‘Mega-Hotel’ Is Built

DENVER (CBS4) – Hotels across the Denver area would take a big hit if a proposed Gaylord “mega-hotel” is built in Aurora, according to a new report.

Gaylord wants to build a 1,500-room hotel near Denver International Airport. It would also boast 400,000 square feet of conference space.

Visit Denver presented the study to the Denver City Council Tuesday afternoon. The study found that metro hotels would lose about 400,000 room nights over 4 years if the Gaylord resort is built. That would cost about $115 million in lost room revenue.

gaylord map Study: Hotels Would Take Huge Hit If Gaylord Mega Hotel Is Built

(credit: CBS)

“It’s going to be the biggest hotel in Colorado history; it’s bigger than any hotel existing in Denver. It’s a much bigger impact in Denver than it has had in the other cities where Gaylord has gone,” Rich Grant with Visit Denver said.

Gaylord has said in the past that their hotels do not ruin local hotel markets and actually attract new businesses and tourists.

Wendy Mitchell, president and CEO with the Aurora Economic Development Council, released a statement on Tuesday.

“With unemployment at over 8.5 percent in the state, we should not be spending money, time and effort to try and deny a company from creating thousands of jobs and investing hundreds of millions of dollars in Colorado. We should come together and work for a project that is going to benefit everybody,” Mitchell said in the statement.

Comments

One Comment

  1. Monty says:

    It states that $115 mill will be lost in revenue. You mean Denver will lose $115. We Colorado as a whole will not lose anything and still create construction jobs which every worker pays taxes.

  2. Deb says:

    I am in agreement with Monty. The state will benefit and with the unemployment so high, I see this opportunity as a PLUS.

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