MILWAUKEE--(BUSINESS WIRE)--Marcus® Hotels & Resorts, a division of The Marcus Corporation (NYSE: MCS), today announced it will convert its Four Points by Sheraton Chicago Downtown/Magnificent Mile hotel located at 630 N. Rush Street into one of the first AC Hotels by Marriott in the U.S. with an anticipated opening in spring 2015.
“We are excited to bring one of the first AC Hotels by Marriott in the U.S. to Chicago’s River North area,” said Thomas F. Kissinger, interim president, Marcus Hotels & Resorts and senior executive president, The Marcus Corporation. “This stylish, urban lifestyle brand brings together a contemporary and elegant look with the latest amenities and technology for the savvy traveler. The urban-inspired feel and sleek, European design makes this brand the perfect fit for Chicago, providing guests with a cosmopolitan, yet relaxed atmosphere, while having a strong connection to a very vibrant and lively city.”
Inspired by the fashion houses of Spain and the runways of Italy, the AC Hotels by Marriott brand targets travelers searching for a design-led hotel in a great location with high-quality service. European aesthetics, stylish artifacts, simplistic designs and technology enabled functional spaces embody the brand. “The AC by Marriott Chicago will include 226 rooms and 6,000 square-feet of meeting space. Public spaces will feature multimedia areas and local museum-quality artifacts. The AC Lounge will offer a bar area with cocktails, craft beers and small plate food offerings, comfortable seating and complimentary Wi-Fi overlooking the Magnificent Mile. The AC by Marriott Chicago will also include the AC Library, AC Fitness and AC breakfast, offering healthy crafted breakfast options. All guestrooms will have dramatic lighting, functional work spaces, free Wi-Fi and sophisticated furnishings,” said Chris Anderson, senior vice president, Marcus Hotels & Resorts.
“AC Hotels by Marriott brand is all about connecting with the culture of the city and all Chicago has to offer. Chicago’s lively Michigan Avenue is known as one of the premier shopping, dining and entertainment destinations in the U.S., and the rebranding will capture that local spirit and style that makes Chicago so special. We are excited to be one of the first AC Hotels in the U.S. and bring this successful brand to Chicago,” added Anderson.
Founded by Antonio Catalan, The AC Hotels by Marriott brand was launched in Europe in 2011 as a joint venture between Marriott International and Spain’s AC Hotels. Today, the brand has a total of nearly 80 hotels located in Spain, Italy, Portugal and France. “We are very excited to bring our successful European brand to Chicago, as it is a perfect gateway city for design-conscious travelers,” said Callette Nielsen, vice president AC Hotels by Marriott. “This vibrant brand will fit in perfectly with Chicago’s fashion-forward, trendsetting environment, and will provide guests with an authentic travel experience right in the heart of downtown.”
For the latest news and updates from Marcus Hotels & Resorts, please visit http://media.marcushotels.com.
Marcus Hotels & Resorts
Marcus Hotels & Resorts, a division of The Marcus Corporation (NYSE: MCS), owns and/or manages 19 hotels, resorts and other properties in 10 states. A force in the hospitality industry, Marcus Hotels & Resorts provides expertise in management, development and historic renovations. The company’s portfolio includes a wide variety of properties including city-center meeting hotels, upscale resorts and branded first-class hotels. For more information on the latest news and updates, please visit: http://media.marcushotels.com and follow the company on Facebook and Twitter (@MarcusHotels).
About The Marcus Corporation
Headquartered in Milwaukee, Wis., The Marcus Corporation is a leader in the lodging and entertainment industries, with significant company-owned real estate assets. In addition to its Marcus Hotels & Resorts division, the company’s movie theatre division, Marcus Theatres®, is the fifth largest theatre circuit in the United States and currently owns or operates 685 screens at 55 locations in Wisconsin, Illinois, Iowa, Minnesota, Nebraska, North Dakota and Ohio. For more information, visit the company’s web site at www.marcuscorp.com.
Certain matters discussed in this press release are “forward-looking statements” intended to qualify for the safe harbors from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements may generally be identified as such because the context of such statements include words such as we “believe,” “anticipate,” “expect” or words of similar import. Similarly, statements that describe our future plans, objectives or goals are also forward-looking statements. Such forward-looking statements are subject to certain risks and uncertainties which may cause results to differ materially from those expected, including, but not limited to, the following: (1) the availability, in terms of both quantity and audience appeal, of motion pictures for our theatre division, as well as other industry dynamics such as the maintenance of a suitable window between the date such motion pictures are released in theatres and the date they are released to other distribution channels; (2) the effects of increasing depreciation expenses, reduced operating profits during major property renovations, and preopening and start-up costs due to the capital intensive nature of our businesses; (3) the effects of adverse economic conditions in our markets, particularly with respect to our hotels and resorts division; (4) the effects of adverse weather conditions, particularly during the winter in the Midwest and in our other markets; (5) the effects on our occupancy and room rates of the relative industry supply of available rooms at comparable lodging facilities in our markets; (6) the effects of competitive conditions in our markets; (7) our ability to identify properties to acquire, develop and/or manage and the continuing availability of funds for such development; and (8) the adverse impact on business and consumer spending on travel, leisure and entertainment resulting from terrorist attacks in the United States or incidents such as the tragedy in a movie theatre in Colorado. Shareholders, potential investors and other readers are urged to consider these factors carefully in evaluating the forward-looking statements and are cautioned not to place undue reliance on such forward-looking statements. The forward-looking statements made herein are made only as of the date of this press release and we undertake no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances.