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Published on : Friday, April 29, 2016
Choice Hotels International, one of the world’s largest hotel companies, joined developers Fillmore Capital Partners, Fillmore Hospitality and Murphy Asset Management to celebrate the debut of two new Cambria hotel & suites projects in Chicago, Ill. today.
As part of the announcement, a panel discussion was held that highlighted key elements of the conversions planned for both Chicago hotels, as well as the growth of the city as a destination for business and millennial travelers. During the panel discussion, interim CEO of Choose Chicago, Marc Anderson, noted that domestic visitation for 2015 topped 50 million visitors for the first time in history with total visitation expected to exceed 52 million. Chicago is one of the country’s largest business hubs with a number of Fortune 500 companies headquartered in the region, including Boeing, Archer Daniels Midland, United Continental Holdings and the Exelon Corporation. Additionally, as the home to the largest convention center in the nation, Chicago has a robust meetings and conventions industry. In 2015, business visitation grew an impressive 5.1 percent to 11.65 million, the second post-recession occurrence of business visitation over 11 million
“As one of the most iconic cities in the country, Chicago is a perfect match for our two new Cambria hotel & suites conversions,” said Steve Joyce, president and CEO of Choice Hotels International. “The City Center and Magnificent Mile locations are great additions to our urban, upscale brand offerings as we continue to expand our footprint nationwide, and are well-suited to meet the growing needs of Chicago’s business travelers.”
“We’re excited to once again team up with Cambria hotel & suites and bring the brand to the city of Chicago,” said Ron Silva, President and CEO of Fillmore Capital Partners. “After having partnered with Cambria across the country in Los Angeles, New Orleans, and Nashville, the Windy City was a natural next stop.”
“Having an intimate knowledge and understanding of the Chicago market, we are thrilled to be working in partnership with Cambria hotel & suites,” said John T. Murphy, CEO and Principal of Murphy Asset Management. “The Loop is recognized as the epicenter of the city with convenient access to both business and lifestyle entertainment options in Chicago. We are confident that the Cambria hotel & suites Chicago – City Center will be a prime addition to the city.”
Designed as a business travel and leisure brand, all Cambria hotels & suites feature a larger lobby to give guests a more social atmosphere; oversized rooms with flexible spaces; and the latest technology that allows guests to stay connected while they travel.