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 The $224 million Renaissance Schaumburg Hotel & Convention Center
Opens with a $200,000 Grand Opening Party  
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Schaumburg, IL (August 17, 2006)- The $224 million Renaissance Schaumburg Hotel & Convention Center celebrated its grand opening last night with a $200,000 fete for 400 VIPs and local residents. William Shaw, President and Chief Operating Officer of Marriott International, joined Schaumburg Mayor Al Larson and General Manager Tom Robertson in presenting the completed project to the invitation only crowd.  Actors from the Redmoon Theater Troupe greeted guests in whimsical costumes and outlandish contraptions molded out of metal, fabric and imagination, adding an air of fantasy to the evening.

The project, located in Northwest Chicago, was originally developed by Mayor Larson and the Village of Schaumburg Trustees as a new economic driver for the region. The project has already made a positive economic impact on the Village of Schaumburg, creating 400 jobs with annual wages of $15 million. Since advance bookings began in December 2004, the center�s staff has secured 42 events and 27,000 hotel nights totaling $5.8 million in revenue�more than double the original goal. These promising results show the convention center may also surpass a 2003 feasibility study prediction that it will draw 380,000 attendees and over 70,000 hotel stays to Schaumburg each year.

�We are extremely proud of this project,� said General Manager Tom Robertson, �and I know that the Village of Schaumburg is pleased with our progress with both the hotel and convention center. The entire facility is a work of art,� he added. �Everywhere you look there are unique, design-inspired touches � from the design to the food to the technology. Now that we are open, we are truly the signature property of the Renaissance brand.�

The Renaissance Schaumburg Hotel and Convention Center includes a 500-room Renaissance Hotel with a 28,000 sq. ft. ballroom and 20,000 sq. ft. of meeting space, accompanied by a convention center with 100,000 sq. ft. of pillar-less exhibition space and a sleek new Sam & Harry�s steakhouse. Plans call for the addition of a new Performing Arts Center in the second phase.

Village of Schaumburg:
Schaumburg is a suburban destination that offers a friendly, family-like experience.  Shopping is ranked high on delegate preferences and the Woodfield Mall, just minutes from the hotel, is known for its variety of retail options.  Schaumburg is also home to fine restaurants and entertainment options.

Sam & Harry�s Steakhouse:
Awarded Gourmet Magazines �top Tables� Sam & Harry�s steak and seafood restaurant offers a fastidiously delectable menu in an elegant environment. The restaurant boasts over 300 wines from around the world including New Zealand and Chile and features only the finest prime wet-aged beef held by the strictest specification by Ruperrechts of Chicago. The seafood is flown in fresh from all over the Unites States and purchased out of the water less than 24 hours. The restaurant highlights� Australian Walnut dining room tables, accented with custom satin nickel and kiln dried wood that compliment the working wine cellar with wine display from floor to ceiling. Originating in Washington DC. Sam & Harry is located in Fort Worth, TX New Port Beach, CA and very soon Schaumburg, IL.

Renaissance Hotels & Resorts:
The Renaissance Hotels & Resorts brand is designed for quality-tier travelers who prize individuality and prefer distinctive hotels that enhance their enjoyment of travel.  Guests can expect sophisticated design, professional and welcoming service, and Street Restaurants serving creative food with traditional flavors.  Each hotel is designed with a sense of place that reflects their surroundings. Renaissance Hotels & Resorts is an upscale brand providing full-service accommodations with local flair to discriminating business and leisure travelers at over 130 properties in 28 countries.  The brand�s presence is strong in the U.S. and worldwide, with more than 70 properties in North America and more than 60 properties throughout Europe, South America, the Caribbean, the Middle East and Asia.  For more information visit www.renaissancehotels.com <http://www.renaissancehotels.com/> .

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Contact:

Renaissance Schaumburg Hotel & Convention Center
(847) 303-4115
www.renaissanceschaumburg.com
 

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Also See: Owned by the Village of Schaumburg, the 500 room Renaissance Schaumburg Hotel Is Set to Open in Mid 2006; the Hotel and Convention Center is the Most Expensive Development Ever Taken on by the Village at $226 million / June 2005
The Renaissance Schaumburg Hotel and Convention Center, a $225 million Project Opening in 2006, Appoints Pre-Opening Sales Team / March 2005

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