First Hospitality has assumed management of the Hyatt House Chicago – Medical/University District and Hyatt Place Chicago – Medical/University District. This dual-branded property marks the company’s fifth multi-brand hotel and expands its Chicagoland presence to 16 properties.
This is First Hospitality’s ninth historic property nationwide. The project also reflects First Hospitality’s expanding partnership with longtime owner Murphy Real Estate Services, with whom the company already operates voco Chicago Downtown and Holiday Inn Chicago Downtown, another dual-branded property.
The combined hotels feature 210 guestrooms in a historic landmark building within the Illinois Medical District. The Hyatt House offers apartment-style suites with kitchens, along with complimentary breakfast, a fitness center and more. The Hyatt Place features flexible meeting spaces, complimentary breakfast, a fitness center and additional amenities. The property also features on-site dining at H Bar. Both hotels provide access to the United Center, and downtown Chicago.
“Expanding our portfolio with Hyatt House and Hyatt Place Chicago – Medical/University District highlights the strength of our continued relationship with Murphy Real Estate Services and our ability to deliver value across multi-brand properties,” said David Duncan, president/CEO, First Hospitality. “We are especially proud to grow in our hometown of Chicago, while also adding to our portfolio of historic hotels.”
Steve Steinberg, president, Murphy Real Estate Services’ asset management arm, Murphy Asset Management, added, “First Hospitality has been very effective and shown exceptional performance at our voco Chicago Downtown/Holiday Inn Chicago Downtown, a dual-branded hotel in Chicago. Entrusting them with our Hyatt House/Hyatt Place nearby was a natural step in our expanding relationship.”
