CHICAGO, Illinois—First Hospitality has assumed administration and operations of the Hyatt Home and Hyatt Place Chicago – Medical/College District. This dual-branded property marks First Hospitality’s fifth multi-brand lodge and expands the corporate’s Chicagoland portfolio to 16 properties.
The mixed motels embrace 210 guestrooms within the Illinois Medical District. This marks First Hospitality’s ninth historic property nationwide. The venture additionally displays First Hospitality’s rising partnership with longtime proprietor Murphy Actual Property Providers, with whom the corporate already operates voco Chicago Downtown and Vacation Inn Chicago Downtown.
“Increasing our portfolio with Hyatt Home and Hyatt Place Chicago – Medical/College District highlights the energy of our continued relationship with Murphy Actual Property Providers and our potential to ship worth throughout multi-brand properties,” mentioned David Duncan, president and chief govt officer of First Hospitality. “We’re particularly proud to develop in our hometown of Chicago, whereas additionally including to our portfolio of historic motels.”
“First Hospitality has been very efficient and proven distinctive efficiency at our voco Chicago Downtown/Vacation Inn Chicago Downtown, a dual-branded lodge in Chicago. Entrusting them with our Hyatt Home/Hyatt Place close by was a pure step in our increasing relationship,” mentioned Steve Steinberg, president of Murphy Actual Property Providers’ asset administration arm, Murphy Asset Administration.
Facilities
Hyatt Home Chicago – Medical/College District affords apartment-style suites with kitchens, together with complimentary breakfast, a health middle, and extra. Hyatt Place Chicago – Medical/College District additionally offers versatile assembly areas, complimentary breakfast, a health middle, and extra facilities. The property additionally contains on-site eating at H Bar. Each motels present entry to the Illinois Medical District, the United Middle, and downtown Chicago.
