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File #: 23-1192    Version: 1
Type: Resolution Status: Adopted
File created: 9/1/2023 In control: Business, Arts, Workforce, Climate & Aviation Services Committee
On agenda: 9/25/2023 Final action: 9/25/2023
Title: A resolution approving a proposed Agreement between the City and County of Denver and Hotel Asset Value Enhancement, Inc. to provide hotel asset management services for the Westin by Marriott at Denver International Airport. Approves a contract with Hotel Asset Value Enhancement (hotelAVE) for $1,650,000 and 3 years plus 2 one-year options to extend to provide hotel asset management services for the Westin by Marriott located at Denver International Airport, in council District 11 (PLANE-202266122). The last regularly scheduled Council meeting within the 30-day review period is on 10-16-2023. The Committee approved filing this item at its meeting on 9-13-2023.
Indexes: Melissa Mata
Attachments: 1. 23-1192_DEN_HotelAVE_202266122-City Council-Ordinance Resolution Request_31Aug23, 2. 23-1192 Contract_Hotel Asset Value Enhancement Inc. - 202266122, 3. 23-1192 Filed Resolution_Hotel Asset Value Enhancement, Inc., 4. 23-1192 Filed Resolution_Hotel Asset Value Enhancement, Inc., 5. 23-1192 - signed
Contract Request Template (Contracts; IGAs; Leases)

Date Submitted: 9-11-2023

Requesting Agency: Denver International Airport
Division:

Subject Matter Expert Name: Amy Edinger
Email Address: Amy.edinger@flydenver.com
Phone Number:

Item Title & Description:
(Do not delete the following instructions)
These appear on the Council meeting agenda. Initially, the requesting agency will enter a 2-3 sentence description. Upon bill filling, the City Attorney's Office should enter the title above the description (the title should be in bold font).

Both the title and description must be entered between the red "title" and "body" below. Do not at any time delete the red "title" or "body" markers from this template.
title
A resolution approving a proposed Agreement between the City and County of Denver and Hotel Asset Value Enhancement, Inc. to provide hotel asset management services for the Westin by Marriott at Denver International Airport.
Approves a contract with Hotel Asset Value Enhancement (hotelAVE) for $1,650,000 and 3 years plus 2 one-year options to extend to provide hotel asset management services for the Westin by Marriott located at Denver International Airport, in council District 11 (PLANE-202266122). The last regularly scheduled Council meeting within the 30-day review period is on 10-16-2023. The Committee approved filing this item at its meeting on 9-13-2023.
body

Affected Council District(s) or citywide?
Council District 11

Contract Control Number:
PLANE_202266122

Vendor/Contractor Name (including any "DBA"):
Hotel Asset Value Enhancement (hotelAVE)

Type and Scope of services to be performed:
Scope of work will include, but will not be limited to, the following:
1) Serve as primary liaison between DEN's Commercial Business division and third-party property management and brand representatives (Westin).
2) Conduct analyses of hotel financial statements and operating performance and challenge the hotel operator to respond where areas o...

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