CHICAGO, Ill., June 7, 2012—Davidson Hotels & Resorts, one of the nation’s largest independent hotel management companies, today announced that it has taken over management of the rebranded 417-room Hyatt Chicago Magnificent Mile (top left photo)which will undergo a $25 million re-invention that will completely transform the hotel into Chicago’s newest Hyatt hotel.
Owned by Sunstone Hotel Investors, the Hyatt Chicago Magnificent Mile marks the second hotel that Davidson operates on behalf of Sunstone, and its seventh Hyatt-branded hotel.
“Davidson has deep insight into the Chicago hotel marketplace, as we’ve owned and operated properties throughout the Windy City for over 15 years,” said Patrick Lupsha (middle right photo), Davidson’s chief operating officer.
“With a $25 million renovation and the implementation of our proprietary management and marketing systems, the hotel is well positioned to stand out among its peers.”
Located at 633 North Saint Clair Street in Chicago, the 17-story hotel is adjacent to Northwestern University’s Downtown campus and Northwestern Memorial Hospital, just steps from Chicago's Gold Coast, Lake Michigan and the famed Magnificent Mile retail district.
For a complete copy of the company’s news release, please contact:
Jerry Daly/Chris Daly
Daly Gray, Inc.
703-435-6293
Cyndi Norwood
Davidson Hotels & Resorts
(678) 349-0909
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