Choice Hotels International Brings Cambria hotels & suites to Chicago in Brand's First Conversion
Choice Hotels International, Inc. (NYSE: CHH), one of the world's largest hotel companies, has converted the former MileNorth Hotel in Chicago into the Cambria Chicago Magnificent Mile. The partnership with Fillmore Capital Partners and Fillmore Hospitality marks the brand's first official conversion as part of a strategy to bring hotels to market quickly based on strong consumer demand.
ROCKVILLE, Md. -- Choice Hotels International, Inc. (NYSE: CHH), one of the world's largest hotel companies, has converted the former MileNorth Hotel in Chicago into the Cambria Chicago Magnificent Mile. The partnership with Fillmore Capital Partners and Fillmore Hospitality marks the brand's first official conversion as part of a strategy to bring hotels to market quickly based on strong consumer demand.
Located at 166 East Superior Street, the 215-room and 29-story Cambria Chicago Magnificent Mile sits between Chicago's Magnificent Mile and the picturesque shores of Lake Michigan. The city is home to a number of Fortune 500 companies headquartered in the region and the largest convention center in the nation, boasting a robust meetings and conventions industry. Guests traveling on leisure will be able to take advantage of the many attractions the area offers, including nearby Millennium Park, the John Hancock Center, Skydeck Chicago and the Chicago Riverwalk.
"I cannot think of a more perfect fit than Chicago to reflect our aggressively growing urban market offerings designed to better serve the needs of today's traveler," said Janis Cannon, senior vice president, upscale brands at Choice Hotels. "We are ecstatic to add Cambria Chicago Magnificent Mile to our roster and proud that it marks the brand's very first conversion."
The Cambria Chicago Magnificent Mile property is located in the sought-after Streeterville neighborhood, within walking distance of Grant, Millennium and Lincoln Parks. The hotel also features one of the highest rooftop lounges in the city, 52Eighty, and just under 4,000 square feet of flexible meeting space.
"We are thrilled to work with Choice Hotels to continue to develop the Cambria Chicago Magnificent Mile property," said Ron Silva, President and CEO of Fillmore Capital Partners. "This prime location is just one block from world-class attractions and Magnificent Mile shopping, as well as some of the country's top industry headquarters."
The Cambria Chicago Magnificent Mile hotel is one of two Cambria hotels & suites that will open in the city. The Chicago – City Center property will be located above the historic Ford Center for the Performing Arts Oriental Theatre at 24 West Randolph Street, and is slated to open in late 2017.
Cambria hotels & suites are designed to provide a unique and distinctive experience with the services and amenities that travelers demand. All Cambria hotels & suites feature chic décor, flexible spaces for meeting or socializing, stunning standard rooms that feel like an upgrade, and of course, free Wi-Fi, allowing guests to stay fully connected while they travel.
About Fillmore Capital Partners
Fillmore Capital Partners, LLC, is a private investment company that engages in the development, management, and distribution of investment vehicles for institutional and select private-client investors. FCP invests on behalf of its clients in lodging, healthcare, and operating company platforms, as well as opportunistic investments in other real estate asset classes. To learn more, visit www.fillmorecap.com.
About Fillmore Hospitality
Fillmore Hospitality, LLC is a management company that provides a full spectrum of development, investment and property management services to owners of hotels and resorts throughout North America. The firm's principals and executives have worked together for more than 25 years to deliver consistently superior financial results for their clients. Visit www.fillmorehospitality.com for more information.
About Choice Hotels®
Choice Hotels International, Inc. (NYSE: CHH) is one of the largest lodging franchisors in the world, with more than 7,500 hotels representing nearly 650,000 rooms in 46 countries and territories. Its portfolio of 22 brands includes full-service upper upscale, midscale, extended stay, and economy properties. For more information, visit choicehotels.com.
Forward-Looking Statements
This communication includes "forward-looking statements" about future events, including anticipated development and hotel openings. Such statements are subject to numerous risks and uncertainties, including construction delays, availability and cost of financing and the other "Risk Factors" described in our Annual Report on Form 10-K and our Quarterly Reports on Form 10-Q, any of which could cause actual results to be materially different from our expectations.
Addendum
This is not an offering. No offer or sale of a franchise will be made except by a Franchise Disclosure Document first filed and registered with applicable state authorities. A copy of the Franchise Disclosure Document can be obtained through contacting Choice Hotels International at 915 Meeting St Ste 600, North Bethesda, MD 20852, email: [email protected].