Olympia Hospitality has acquired the Hilton Garden Inn Arvada in Colorado. Other terms and conditions were not disclosed.
The newly acquired hotel joins the Portland, Maine-based management company’s portfolio, which includes The Benson Hotel, located just outside Denver in Aurora, Colo. Meanwhile, the 139-room Hilton Garden Inn Arvada is located a half-mile from Olde Town Arvada and within 15 miles of the Red Rocks Amphitheater and the Arvada Center for the Arts.
“While our roots may be in the eastern U.S., our strategy has always been national in scope,” Sara Masterson, president of Olympia Hospitality, said in a statement. “This acquisition is a direct reflection of our confidence in the Hilton Garden Inn brand. With our proven ability to optimize franchise hotels, it’s a combination we feel will not only drive sustained growth but reinforces our position as a trusted partner and leader.”
The Hilton Garden Inn Arvada includes the Garden Grille and Bar for breakfast and dinner, as well as grab-and-go options at The Shop. Additional amenities include a fitness center, indoor pool and more than 2,260-square feet of meeting space.
Olympia Hospitality’s 20-year relationship with the Hilton Garden Inn brand began in 2003 with the Hilton Garden Inn Portland Downtown Waterfront in Maine. The flagship property earned the management company Hilton’s “Deal of the Year” designation.