DENVER—Look to Colorado Amendment 64 as the reason why hotel fundamentals are stronger than ever. According to Matthew Schreck, research analyst for Auction.com, since the state legalized the sale of marijuana and pot shops have opened up, hotel occupancy is at an all-time high, shooting up 300 bps in the first quarter of the year. Read Schreck's article to find out more about Denver's hotel growth and its relationship to the new amendment.
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