• Great Wolf Resorts to Expand Into Illinois

     
    POSTED April 30, 2017
     

Great Wolf Resorts, the Madison-based indoor waterpark company, has  purchased KeyLime Cove, an indoor waterpark resort located in Gurnee, south of the Wisconsin border.

KeyLime Cove will be Great Wolf's 17th location; it closed in late April and will open under its new identity in mid-2018, spokesman Jason Lasecki said.

Terms of the deal have not  been released.

A February report in the suburban Chicago newspaper Daily Herald said the Gurnee Village Board trustees approved financial incentives of up to $18 million for the project.

It also revealed that Great Wolf plans to invest at least $100 million into buying and remodeling KeyLime Cove, expanding the indoor waterpark and transforming the resort's tropical resort into Great Wolf's Northwoods decor.

Chicago-area residents have been among the biggest visitors to Great Wolf in Wisconsin Dells. Lasecki said the company is not worried about a drop in business to the Wisconsin site.

"We feel there is strong enough demand to support both Great Wolf Lodge locations," Lasecki said.

Arbor Lodging Partners, Chicago-based hotel investment and management company, announced its $135 million acquisition of Hampton Inn Santa Barbara/Goleta, Hampton Inn Boston-Norwood,

 

Marcus Hotels & Resorts announced it will be assuming management of the Hyatt Regency Schaumburg, marking the management company's first Hyatt-branded property. After recent renovations, Hyatt Regency Schaumburg will be the newest opportunity for Marcus to expand its market in the hotel industry in the greater Chicago and southern Wisconsin areas.

 

Planners are putting wellness at the center of events.