NexGen Hotels today announced the acquisition of the Hotel Versey in Chicago, Illinois. Located at 644 W Diversey Parkway, the 137-room hotel will be managed by Genuine Hospitality Group of St. Louis, Missouri.
Pebblebrook Hotel Trust (NYSE: PEB) announced today that on December 21, 2023, it successfully completed the sale of the Marina City retail space and two parking facilities adjacent to its Hotel Chicago Downtown, Autograph Collection, for $30.0 million to a third party.
Frontier Development & Hospitality Group LLC and its partners, Sun Development & Management Corporation and 3H Group Inc., have acquired the 7-story, 254-key Chicago Marriott Suites Downers Grove hotel situated at 1500 Opus Place in Downers Grove, Illinois.
Sunstone Hotel Investors Completes Disposition of two Chicago Hotels, Provides Operations Update and Commences Share Repurchases
The hotel will operate under the 'L7', a lifestyle hotel brand of LOTTE HOTEL, and is expected to open in the second half of 2023.
Commonwealth Hotels announced the acquisition of the Fairfield Inn & Suites Chicago Southeast Hammond in Indiana. The Fairfield by Marriott hotel is located 30 miles southeast of Chicago.
Avantgarde Hospitality LLC, a privately held hospitality investment firm, announced today the acquisition of the Ivy Boutique Hotel, 233 E. Ontario Street in Chicago, Illinois, establishing its presence in the downtown area.
MCR, the sixth-largest hotel owner-operator in the United States, has acquired the 116-room Hampton Inn & Suites Chicago/Waukegan.
Hilton Grand Vacations Announces Its First Chicago Property
MCR today announced that it has acquired the 120-room Hampton Inn & Suites by Hilton located in Mount Prospect, Illinois, a northwest suburb of Chicago, for $12.75 million. The property is located in Randhurst Village, a one million square foot open-air lifestyle center.