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.
GF Management Completes $9 Million Room Renovation of Hilton Garden Inn Philadelphia Center City
R.D. Olson Breaks Ground on Dual-Branded Home2 Suites and Hilton Garden Inn Adjacent to Disneyland in Anaheim, California
Midas Hospitality Opens Newly-Built 107-Room Home2 Suites by Hilton in Brooklyn Park, MN
MCR Sells the Hampton Inn & Suites St. Augustine-Vilano Beach
MCR Sells 195-Room Hilton St. Louis Downtown at the Arch
Noble Investment Group Acquires 193-Room Hilton Garden Inn Atlanta Perimeter Center
Southern Hospitality Services Unveils First Modular Construction Hotel for Home2 Suites by Hilton Brand
Ten New Hilton Garden Inn Properties Mark Expansion in U.S. and Germany Along With Firsts in France and Zambia
MCR Acquires 140-Key SpringHill Suites Fairfax Fair Oaks in Northern Virginia
Home2 Suites by Hilton Portland Airport Opens in Maine With General Manager Abraham Rivas at the Helm
MCR Acquires 160-Room Hilton Garden Inn Providence Airport/Warwick at Rhode Island’s T.F. Green International Airport
Hilton Garden Inn Greenville Unveils Multi-Million Dollar Renovation Led by General Manager Barrett Alexander
Driftwood Acquisitions and Development, Merrimac Ventures Break Ground on Dual-Branded Tru by Hilton and Home2 Suites by Hilton Hotel in Fort Lauderdale
MCR Selected to Manage 259-Room Miami International Airport Hotel Located at Concourse E
MCR Appoints Executive Team to Oversee Independent Hotels Across the Country
Hilton and Country Garden Hotels Group Form Strategic Partnership for Conversion of Properties to Hilton Brands
Noble Merchant Properties Selects Hotel Equities to Manage Four New-Build Hotels in Texas
Parks Hospitality Group Celebrates Topping Off for the Homewood Suites by Hilton Greenville Downtown
Hilton Garden Inn Opens in Qidong, Jiangsu Province Marking First International Hotel Brand to Enter the City
MCR Acquires Hilton Garden Inn Cincinnati Northeast in Loveland, Ohio
Please login or register to post a comment.