• Marcus Hotels & Resorts Announces Management of Hyatt Regency Schaumburg

     
    POSTED April 19, 2019
     

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.

Andrea Foster, Marcus senior vice president of development, says they hope to introduce and establish the Marcus culture of "Serve People. Create Memories. Deliver Exceptional Experiences." in the Hyatt property. With their sales and revenue management strategy, Foster says Marcus hopes to optimize the property's brand, location, quality, size and facilities to drive the overall profitability for the owners.

Marcus currently operates 22 properties across the country, 19 of which are full-service. As a large, branded, full-service hotel with significant meeting and event space, Foster says the Hyatt Regency Schaumburg fits perfectly into their area of expertise. In addition to its 22 hotels, Marcus operates more than 45 restaurants and lounges, more than 350,000 square feet of meeting and event space, and ancillary facilities.

"Our size allows us to provide highly focused attention on the operations of the assets we manage," Foster says. "All of our owners and property management teams have direct and immediate access to all of our senior leadership, and this constant interaction has produced positive results."

After almost 20 years of vacancy, the Cook County Hospital in Chicago will be put to use once again. A $150 million adaptive reuse project restored the historic, 106-year-old hospital, which has become a combined Hyatt Place and Hyatt House hotel, as well as medical offices, a museum, a food hall and more. While the opening is multi-phased, the hotels are scheduled to open in late July.  

 

Jumpstarting tourism in cities across the country will be more complicated than simply opening doors again – especially in cities with large populations like Chicago. However, working together proves more effective, and in Chicago, more than 250 businesses are banding together to join Choose Chicago’s new initiative, Tourism & Hospitality Forward. It bolsters a safe reopening that encourages tourism as well as meetings and events in

 

Due to COVID-19, non-essential travel was, or has been, banned for months. Long anticipated trips and in-person gatherings were canceled and people have adjusted to the new normal: staying at home and meeting over Zoom. However, states have been slowly lifting restrictions, and non-essential travel will soon be happening across the country again. However, some may not be as comfortable with the thought of traveling as they were before the pandemic.