First Hospitality has assumed management of the dual-branded Hyatt House and Hyatt Place Chicago – Medical/University District, expanding the company’s portfolio in the Chicagoland area to 16 properties. This marks First Hospitality’s fifth multi-brand hotel and its ninth historic property nationwide. The combined hotels include 210 guest rooms within a historic landmark building at the center of the Illinois Medical District.
“Expanding our portfolio with Hyatt House and Hyatt Place Chicago – Medical/University District highlights the strength of our continued relationship with Murphy Real Estate Services and our ability to deliver value across multi-brand properties,” said David Duncan, president and CEO of First Hospitality. “We are especially proud to grow in our hometown of Chicago, while also adding to our portfolio of historic hotels.”
The project continues First Hospitality’s partnership with longtime owner Murphy Real Estate Services, which also operates voco Chicago Downtown and Holiday Inn Chicago Downtown under First Hospitality management.
“First Hospitality has been very effective and shown exceptional performance at our voco Chicago Downtown/Holiday Inn Chicago Downtown, a dual-branded hotel in Chicago. Entrusting them with our Hyatt House/Hyatt Place nearby was a natural step in our expanding relationship,” said Steve Steinberg, president of Murphy Real Estate Services’ asset management arm, Murphy Asset Management.
Hyatt House Chicago – Medical/University District provides apartment-style suites with kitchens, catering to extended-stay guests, and includes complimentary breakfast and a fitness center. Hyatt Place Chicago – Medical/University District serves business and leisure travelers with flexible meeting spaces, complimentary breakfast, and a fitness center. The property also features on-site dining at H Bar. Both hotels offer convenient access to the Illinois Medical District, the United Center, and downtown Chicago.
