MCR Acquires Three Hilton-Branded Hotels in Champaign, Illinois
May 29, 2018 10:26am
NEW YORK / MAY 29, 2018 Pop the Champaign! MCR, the seventh largest hotel owner-operator in the United States, has acquired three Hilton-branded hotels in Champaign, Illinois. The all-star lineup — a Home2 Suites by Hilton, a Hilton Garden Inn and a Homewood Suites by Hilton — is steps from the 44,000-student University of Illinois campus and the newly renovated State Farm Center arena, home of the Fighting Illini Women’s and Men’s Basketball teams.
A slam-dunk for sports fans, Champaign, Illinois is also a bustling business region thanks to the Carle Foundation Hospital and the corporate offices of Jimmy John’s, Wolfram Research and Yahoo!
“These three well-located Hilton-branded properties are positioned to benefit significantly from the University of Illinois’ continued growth and are expected to produce attractive returns for our investors,” says Tyler Morse, Chief Executive Officer and Managing Partner of MCR. “The acquisition continues our investment strategy of purchasing premium-branded select service and extended stay hotels with operations upside.”
Meet MCR’s New Key Players
Home2 Suites by Hilton Champaign/Urbana
The Home2 Suites by Hilton Champaign/Urbana, which opened in 2016, is located at 2013 South Neil Street and features:
Reserve rooms by phone at (217) 355-6468 or online at home2suites3.hilton.com.
Hilton Garden Inn Champaign/Urbana
The Hilton Garden Inn Champaign/Urbana is located at 1500 South Neil Street and features:
Reserve rooms by phone at (217) 352-9970 or online at hiltongardeninn3.hilton.com.
Homewood Suites by Hilton Champaign/Urbana
Homewood Suites by Hilton Champaign/Urbana is located at 1417 South Neil Street and features:
Reserve rooms by phone at (217) 352-9960 or online at homewoodsuites3.hilton.com.
home2 suites by hilton,
hilton garden inn,
homewood suites by hilton
MCR is the seventh largest hotel owner-operator in the country and has invested in and developed 103 hotel properties with more than 12,000 rooms in 27 states. MCR’s hotels are operated under 11 brands. The firm has offices in New York City and Dallas. MCR is a recipient of the Marriott Partnership Circle Award, the highest honor Marriott presents to its owner and franchise partners for hospitality excellence. For more information, please visit www.mcrinvestors.com.
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