Hotel operating, management, and development company First Hospitality has assumed management and operations of the Hyatt House and Hyatt Place Chicago – Medical/University District. This dual-branded property marks First Hospitality’s fifth multibrand hotel and expands the company’s Chicagoland presence to 16 properties.
The combined hotels have 210 guestrooms in a historic landmark building in the Illinois Medical District. This is First Hospitality’s ninth historic property nationwide. Other historic properties include Hotel LeVeque (Columbus, Ohio), Hotel Fort Des Moines (Des Moines, Iowa) and the Hotel Indy (Indianapolis). The project also reflects First Hospitality’s expanding partnership with longtime owner Murphy Real Estate Services, with whom the company already operates the Voco Chicago Downtown and Holiday Inn Chicago Downtown, another dual-branded property.
“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,” David Duncan, president and CEO of First Hospitality, said in a statement. “We are especially proud to grow in our hometown of Chicago, while also adding to our portfolio of historic hotels.”
“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,” said Steve Steinberg, president of Murphy Real Estate Services' asset management arm, Murphy Asset Management.
Hyatt House Chicago – Medical/University District has apartment-style suites with kitchens along with a fitness center. Hyatt Place Chicago – Medical/University District has meeting spaces and a fitness center. The property also has on-site dining and the H Bar. Both hotels are close to the Illinois Medical District, the United Center and downtown Chicago.