A state tax official required to be a neutral arbiter is instead advising Colorado luxury resort hotel owners on how to minimize their property taxes, according to leaders in the counties who have lost millions of dollars in revenue. A batch of personal emails uncovered by Eagle, San Miguel and La Plata counties detail a […]
hotels
Posted inBusiness, COVID, News
Colorado hotels are struggling to survive coronavirus
By Ben Markus, CPR News Add hotels to the growing list of business sectors fighting for survival as the COVID-19 pandemic stretches into its eighth month. “I say to people, ‘I’m in a hotel and restaurant business in the middle of a pandemic, so that’s how I’m doing,’” said Walter Isenberg, president of Sage Hospitality. […]
Posted inBusiness, COVID, News
Downtown Denver’s hotel industry is struggling. Is it because people don’t want to be in the city center?
The Sheraton Denver Downtown hotel, nearing the completion of its $80 million renovation, is operating at about a quarter of its usual capacity. Business in the time of the coronavirus has picked up a bit from the disastrous early months, but even if a vaccine were announced tomorrow, the hotel doesn’t expect to get back […]
Posted inCulture, News
Atari plans to open video game-themed resorts in Denver, 7 other U.S. cities
LAS VEGAS — Atari, the arcade game company that ushered in the gaming revolution in the 1980s, is opening eight video game-themed hotels across the United States, including ones in Denver, Las Vegas and Phoenix. The company said this week it will break ground on its first hotel later this year in Phoenix as it […]
Posted inBusiness, Crime and Courts, News, Politics and Government
U.S. Supreme Court rejects Colorado appeal in excessive business fines case that AG says creates “huge loophole”
The U.S. Supreme Court on Monday rejected Colorado’s attempt to close what it calls a loophole that allows businesses to avoid some regulatory sanctions by, in part, saying they’re too poor to pay penalties. Colorado Attorney General Phil Weiser, a Democrat, said the decision could hurt the state’s ability to ensure businesses are following regulations […]