Denver · Upper upscale
The Brown Palace Hotel and Spa
241 keys · Denver · Marriott Autograph / historic
Denver atrium palace. Ownership has rotated among regional operators.
Public tape · 201 of 282 · 2018
Jan 1, 2018
The Brown Palace — ownership rotation
Atrium palace. Regional ownership has rotated. No filing-grade price in this corpus.
Not disclosed
Unknown on purpose — Harbor will not invent a confidential price · 241 keys
Consideration not disclosed241 keys
Property public site / Denver business press
News or press — not a filing. Harbor will not invent a confidential consideration.
Deal FrameLiving packetLabeled estimateCompare this tape2018 cited corpus
- Corpus
- Historical cited · 2018
- Keys at tape
- 241
- Segment
- Upper upscale
- Market
- Denver
- Buyer
- —
- Seller
- —
Source
Property public site / Denver business press
https://www.brownpalace.comDesks on the graph
Attached when a press release or public pattern names the firm. Not an unpublished book.
Estimate ↔ tape
The worksheet next to the filing
Cited consideration on the left. Harbor’s labeled defaults on the right. A gap is a question, not a bid. Portfolio tapes and seller paper stay footnoted. Not an appraisal.
- Tape
- Not disclosed
- Worksheet
- $85.1M
- Gap
- —
241 keys
$352,949 / key · Harbor defaults
Denver · worksheet vs tape PPK
Consideration not disclosed241 keys
Property public site / Denver business press
News or press — not a filing. Harbor will not invent a confidential consideration.
The house
Run the labeled estimate
Worksheet, not an appraisal. Shock cap ±50 bps and ADR ±10% before you treat any number as a bid.
Same house or same market · 2
Related public tapes
Same hotel first, then the same market and segment. Structure footnotes stay on the tape. This is not a paid comps service.
Public filingJun 13, 2024
Hotel Teatro — RLJ acquisition
Hotel Teatro · 110 keys · Upper upscale
Consideration
$35.5M
$323k / key
RLJ Q2 2024 10-Q: $35.5 million for the 110-room Hotel Teatro, Denver. Downtown historic boutique — not a Monaco Denver PPK and not the Beacon Hill land line.
RLJ Lodging Trust Form 10-Q, quarter ended June 30, 2024 (closed June 13)
RLJ acquired the 110-room Hotel Teatro in Denver on June 13, 2024 for a purchase price of $35.5 million. Harbor PPK is $35.5 million ÷ 110. Use the $35.5 million purchase price, not the $36.116 million recorded cost after capitalized transaction costs. Seller unnamed. The $125.0 million Wyndham Boston Beacon Hill line is a land purchase, not a hotel tape. RLJ’s $20.8 million 2024 sold-pair proceeds line stays combined. Not Xenia’s 2022 Kimpton Hotel Monaco Denver $69.8 million tape. Older than the 2025–26 blotter cut.
Public filingDec 1, 2022
Kimpton Hotel Monaco Denver — Xenia disposition
Kimpton Hotel Monaco Denver · 189 keys · Upper upscale
Consideration
$69.8M
$369k / key
Xenia FY2022 10-K: approximately $69.8 million for the 189-room Kimpton Hotel Monaco Denver. December 2022; day-of-month not named. Downtown Kimpton — not a Monaco Seattle PPK and not a Monaco Chicago PPK.
Xenia Hotels & Resorts Form 10-K for the year ended December 31, 2022 (December close; day unnamed)
Xenia sold the 189-room Kimpton Hotel Monaco Denver in December 2022 for approximately $69.8 million. Harbor uses the first of December rather than inventing a closing day. Harbor PPK is $69.8 million ÷ 189. Use approximately $69.8 million, not the $68.1 million net. Buyer unnamed. Not Hotel Monaco Seattle $63.25 million and not Kimpton Hotel Monaco Chicago $36.0 million. Older than the 2025–26 blotter cut.