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| Chad Crandell |
BOSTON, MA (July 6, 2016) - - - CHMWarnick (“CHMW”), the
leading hotel asset management and business advisory services company, today
announced that it has been selected by Cuyahoga County to asset manage the
600-room Hilton Cleveland Downtown.
The $272 million publicly-funded hotel, which
opened June 1, 2016, is connected to the First Merit Convention Center, the
Global Center for Health Innovation, and Mall B, creating a world-class
meetings destination.
"With the addition of
the Hilton Cleveland Downtown, CHMW’s 50-plus property asset management
portfolio now includes a total of 12 convention center headquarter hotels, with
more than 12,000 rooms and one million-plus square feet of meeting space,
providing us with unparalleled experience in big-box, group-oriented
hotels," said Chad Crandell,
managing director and CEO of CHMW.
"We believe CHMW is now the largest asset
manager within this segment. We have asset management responsibility for the
single largest hotel in each of approximately half of the U.S. major
metropolitan markets, including such cities as Anaheim, Atlanta, Chicago,
Cleveland, Detroit, Phoenix and Washington, D.C., among others.
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| Michael W. Dever |
“Working with virtually
all of the major brands, including Marriott, Starwood, Hyatt and Hilton, no
single firm has our experience in representing the interests of public and
private clients in the planning, pre-opening and operational oversight of convention
center hotels."
CHMW was selected following a
public RFP process. “CHMW is a proven asset management firm that has produced
excellent results for its convention center hotels,” said Michael W. Dever, director of public works for Cuyahoga County.
“They were a natural choice to represent the County’s interests to ensure we
achieve our business goals.”
The Hilton Cleveland
Downtown will offer 46,000 sq. ft. of meeting space with a seamless connection
to the 395,000 sq. ft. of function space at the adjoining Convention
Center. Hotel amenities include a
full-service business center, indoor pool, fitness center and state-of-the-art
guest rooms.
For a complete copy of the company’s news release,
please contact:
978-522-7000.
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