YET ONE MORE HOTEL SLATED FOR COLORADO SPRINGS

Work is expected to begin soon on a new 122-room hotel set for the north side of Colorado Springs.

The project is being developed by the Kansas City, Missouri-based Genesis Companies and will be branded as a Woodspring Suites.

As planned, the hotel will go up near the intersection of Interquest Parkway and Voyage Parkway in a part of the city that is also seeing the construction of a new 119-room Hyatt Place hotel.

Both new hotels come at a time of additional hotel construction in downtown Colorado Springs.

Late last year work launched on another Hyatt Place, this one with 12 rooms at Kiowa Street and Nevada Avenue.
An additional project is seeing the construction of a 261-room Springhill Suites hotel in South Tejon Street.

The hotel building boom is partly in response to continually increasing tourism numbers which, pre-Covid 19, were seeing up to 23 million people visiting the area annually.

According to new data released from the Rocky Mountain Lodging Report, hotel occupancy in Colorado Springs fell to around 18 % in April. But the numbers dramatically climbed to 66% as of last month.
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There are currently just under 200 Woodspring Suites extended stay hotels nationally, wit
h at least two dozen more in the development stage.

By Garry Boulard

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