New Hyatt Hotel In Chicago’s Financial District To Be Among First To Open Under The Hyatt Centric Brand
By: Rachel Bonello
Hyatt Centric The Loop Chicago will open in April 2015
Chicago, Feb.13, 2015 – Hyatt Hotels Corporation (NYSE: H) announced today the anticipated April 2015 opening of Hyatt Centric The Loop Chicago. It will be one of the first two hotels in the world to open under Hyatt’s new full-service lifestyle brand Hyatt Centric, designed to put business and leisure travelers at the center of the action in key destinations. The hotel is owned by Integrated Clark Monroe, LLC and will be managed by Interstate Hotels & Resorts.
“Hyatt Centric The Loop Chicago will acutely embody what the new brand is all about, which is putting guests at the center of the action in the best destinations,” said John T. Murphy, managing principal of Integrated Clark Monroe. “Our location in the famous Loop neighborhood will afford our guests the opportunity to explore all the unique experiences our city has to offer.”
“Interstate is thrilled to manage this dynamic new Hyatt Centric hotel. With its exciting new brand, cosmopolitan design and outstanding location, we are confident of a resounding success,” said Interstate Hotels & Resorts CEO Jim Abrahamson.
Hyatt Centric The Loop Chicago, a 22-story property first constructed in 1927 by Frank Chase, has undergone a transformative renovation from an office building to an iconic new hotel, all while maintaining the integrity of the building’s roots. The hotel features 257 guest rooms, 2,513 square feet of meeting space, a 24-hour fitness center, rooftop bar and a new signature French bistro, Cochon Volant, run by James Beard award winning Master Chef Roland Liccioni. The hotel will showcase elements of the area’s rich cultural and architectural past while offering guests a full range of modern amenities.
The hotel will also feature in-room technologies designed to connect guests seamlessly with their devices and media and knowledgeable hotel staff who will help guests navigate their stay and create their own personalized Chicago experience.
“We are looking forward to offering our guests a memorable stay at our hotel due to our prime location and our team of hospitality professionals who are ready to deliver best-in-class service,” said Karen McGuigan, general manager, Hyatt Centric The Loop Chicago.
Guest Room Rendering
About Integrated Clark Monroe, LLC
Integrated Clark Monroe, LLC, the owner of Hyatt The Loop Chicago, is an affiliate of Chicago-based Murphy Capital Management, LLC, (MCM), a multi-service real estate company. Formed by John T. Murphy, MCM and its affiliates, including Murphy Development Corporation (MDC), focus on the development, acquisition and redevelopment of strategic hotel, office, condominium, apartment and retail assets in Chicago, Ohio and Florida.
About Interstate Hotels & Resorts
Interstate Hotels & Resorts, Inc., a wholly-owned subsidiary of a 50/50 joint venture between subsidiaries of Thayer Lodging Group and Jin Jiang Hotels, is the leading U.S.-based global hotel management company, operating branded full- and select-service hotels and resorts, convention centers and independent hotels worldwide. Interstate and its affiliates manage 430 hotels with more than 79,000 rooms in North America, the UK, Europe, Russia, India and China, including ownership interest in 36 hotels. In addition, Interstate has executed agreements to manage 36 hotels with more than 6,500 rooms under construction or development throughout the world. For more information, please visit www.interstatehotels.com.
About Hyatt Hotels Corporation
Hyatt Hotels Corporation, headquartered in Chicago, is a leading global hospitality company with a proud heritage of making guests feel more than welcome. Thousands of members of the Hyatt family strive to make a difference in the lives of the guests they encounter every day by providing authentic hospitality. The Company’s subsidiaries develop, own, operate, manage, franchise, license or provide services to hotels, resorts, branded residences and vacation ownership properties, including under the Hyatt®, Park Hyatt®, Andaz®, Grand Hyatt®, Hyatt Regency®, Hyatt CentricTM, Hyatt Place®, Hyatt House®, Hyatt Zilara™, Hyatt Ziva™, Hyatt Residences® and Hyatt Residence Club® brand names and have locations on six continents. As of September 30, 2014, the Company’s worldwide portfolio consisted of 573 properties in 48 countries. For more information, please visit www.hyatt.com.
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