Loews Hotels & Resorts Purchases the Graves 601 Hotel Wyndham Grand in Minneapolis
Graves 601 Hotel is the fourth major hotel purchase announced by Loews Hotels in the past two years, as part of the goal to add substantially to its portfolio of hotels. The hotel company continues to aggressively seek additions in gateway cities and resort destinations and anticipates announcing additional Loews properties in the coming months.
"We are pleased to be selling to Loews knowing that they are a first class company and a good fit for the market, the team members and community. We feel absolutely confident that passing the baton to Loews ensures the hotel will continue to be an asset for Minnesota," explained Jim Graves, Founder of Graves Hospitality.
Located at the center of the business, theatre and entertainment districts in the heart of downtown Minneapolis, Graves 601 is directly across the street from the Target Center and is connected by the Skyway system. The hotel features two restaurants and bars, more than 9,000 square feet of meeting and event space, a recently renovated spa and a fitness center.
Phone: (212) 521-2495
About Loews Hotels
Headquartered in New York City, Loews Hotels & Co. Hospitality Company is rooted in deep heritage in the hotel industry and excellence in service. The hospitality group encompasses branded independent Loews Hotels, and a solid mix of partner-brand hotels. Loews Hotels & Co. owns and/or operates 24 hotels and resorts across the U.S. and Canada, including Hotel 1000 in downtown Seattle and the Loews Sapphire Falls Resort at Universal Orlando, the fifth hotel in partnership with Comcast NBC Universal. Located in major city centers and resort destinations from coast to coast, the Loews Hotels portfolio features properties grounded in family heritage and dedicated delivering unscripted guest moments all with a handcrafted approach. For reservations or more information about Loews Hotels, call 1-800-23-LOEWS or visit: www.loewshotels.com.