ANNAPOLIS, Md. - February 22, 2013
--Chesapeake Lodging Trust (NYSE:CHSP) (the “Trust”) announced today
that it has entered into an agreement with Marriott International, Inc.
(NYSE:MAR) with plans for its iconic Hotel Adagio San
Francisco to join Autograph Collection, Marriott International’s
global collection of independent hotels.
Following the Trust’s multi-million dollar renovation at the Hotel
Adagio San Francisco, which included the transformation of each of the
hotel’s 171 guestrooms, penthouse suites and public spaces, expansion
of the meeting and event space, and creation of a newly concepted
restaurant and lobby bar, the Trust is partnering with Autograph
Collection to fully reposition the iconic hotel within the market.
“San Francisco is one of the most exciting destinations in the world.
With our coveted location in Union Square and notable reputation, Hotel
Adagio San Francisco is poised to offer the very best to those
traveling to San Francisco for business or leisure,” said James L.
Francis, President and Chief Executive Officer of Chesapeake Lodging
Trust. “By joining forces with Autograph Collection, it allows us to
tap into one of the industry’s strongest global reservation systems
while being included with more than 40 uniquely independent hotels
worldwide.”
The Trust is in the process of completing minor brand upgrades that
will allow for the seamless interface into the Marriott International
global reservation and service systems, and anticipates completion of
this process within the next 60 days. “We are thrilled to bring our
second Autograph Collection hotel into the portfolio,” continued Mr.
Francis. “Beginning in April, guests will enjoy the many benefits of
staying with an Autograph Collection hotel, including the opportunity
to earn Marriott Rewards points for their stay at Hotel Adagio San
Francisco.”
ABOUT HOTEL ADAGIO SAN FRANCISCO
Located in San Francisco’s vibrant Union Square cultural district,
Hotel Adagio San Francisco combines Spanish Colonial Revival
architecture with a clean and contemporary design aesthetic,
sophisticated nightlife and impeccable guest service. Amenities include
171 guestrooms, three distinct penthouse-level suites, 8,600 square
feet of meeting and event space, and a lobby-level bar and restaurant.
Hotel Adagio San Francisco, managed by Southern California-based
Evolution Hospitality, is located at 550 Geary Street in San Francisco,
California. For reservations, please call 800-228-8830 or visit the
hotel’s website at www.HotelAdagioSF.com.
ABOUT CHESAPEAKE LODGING TRUST
Chesapeake Lodging Trust is a self-advised lodging real estate
investment trust (REIT) focused on investments primarily in
upper-upscale hotels in major business and convention markets and, on a
selective basis, premium select-service hotels in urban settings or
unique locations in the United States. The Trust owns 15 hotels with an
aggregate of 4,722 rooms in seven states and the District of Columbia.
Additional information can be found on the Trust’s website at www.chesapeakelodgingtrust.com.
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Chesapeake Lodging Trust Repositions
the 174-key Hotel Adagio
San Francisco as it Joins Marriott's Autograph Collection
A Multi-Million Dollar Renovation of the Property was Recently Completed
San Francisco as it Joins Marriott's Autograph Collection
A Multi-Million Dollar Renovation of the Property was Recently Completed