MCR Expands Portfolio with New Hotel Acquisition
MCR, recognized as the third-largest hotel owner-operator in the United States, has recently made waves in the hospitality sector by acquiring the Hyatt Regency O’Hare Chicago. This 11-story facility features 1,095 well-appointed rooms and an impressive history of renovations, having undergone a notable $13 million improvement in 2020. With this acquisition, MCR is not only making its mark in the bustling area of Rosemont but also diversifying its offerings as this is their first Hyatt Regency-branded hotel.
The Hyatt Regency O’Hare Chicago enjoys a strategic location, being just a five-minute drive from the renowned Chicago O’Hare International Airport, which ranks as the fifth-busiest airport in the nation. It serves an astonishing 74 million travelers each year, making it a prime location for both business and leisure visitors.
Convenient Amenities for Every Traveler
The hotel stands out for its connectivity; it is directly linked to the Donald E. Stephens Convention Center via an accessible skywalk. This expansive venue is equipped with over 840,000 square feet of exhibition space, which plays host to various events, including the International Gem & Jewelry Show and the Illinois Bridal & Wedding Expo. These events help establish the Hyatt Regency O’Hare as an ideal hub for both corporate gatherings and festive occasions.
Additionally, the surrounding community enhances the hotel's appeal. It is nestled in a vibrant corporate environment, boasting more than 18 million square feet of office space. Major corporations such as US Foods, Wintrust, and Reyes Holdings have their headquarters in close proximity, adding to the convenience of corporate travelers.
Attractions and Leisure Options Nearby
Visitors will not only find corporate amenities but also leisure options just minutes from the hotel. The Fashion Outlets of Chicago, less than a mile away, provides a shopping haven with over 130 retailers, including well-known brands like Saks Off Fifth and Gucci. Guests can also explore entertainment venues, such as Rivers Casino Des Plaines, the Rosemont Theatre, and the Allstate Arena, which hosts numerous events throughout the year.
The hotel's dining options further cater to guest satisfaction. The full-service Red Bar & Lounge serves evoking evening meals, while O’H American Grill offers a hearty breakfast buffet and lunch services daily. For a quick pick-me-up, guests can find Starbucks coffee and sundries at Perks To-Go. Moreover, those aiming to stay active can enjoy access to a 24-hour fitness center.
Business Features and Meeting Spaces
Corporate guests will appreciate the hotel's extensive offerings, which include a staggering 110,000 square feet of flexible meeting space. The grand Grand Ballroom and the rooftop venue, Ventanas, provide stunning views of the iconic Chicago skyline, creating a perfect backdrop for all types of events, from corporate meetings to wedding receptions.
Why MCR and Hyatt Regency are a Perfect Match
MCR's acquisition of Hyatt Regency O’Hare Chicago not only demonstrates its growth strategy but also highlights its commitment to providing exceptional hospitality experiences. The inclusion of this flagship property into MCR's portfolio reflects their dedication to enhancing their guest offerings and expanding their presence in key markets.
The Hyatt Regency O’Hare Chicago is ideally located at 9300 Bryn Mawr Avenue, fulfilling the demands of leisure and business travelers alike by providing a variety of services:
- 1,095 rooms and suites
- Two full-service restaurants and a bar
- A grab-and-go market offering snacks and beverages
- Complimentary airport shuttle
- 24-hour fitness center
- 24-hour business center
- Complimentary high-speed Wi-Fi
- In-house event catering and wedding planning
- Expansive meeting facilities with 110,000 square feet of space
To make a reservation, guests can call the hotel directly or visit their website for more information.
About MCR
MCR stands as a powerhouse in hospitality, recognized as the third-largest hotel owner-operator in the United States. With a robust portfolio valued at $5.0 billion, MCR boasts a rich diversity of 150 premium-branded hotels. The company's operation encompasses nine Marriott brands, eight Hilton brands, along with several independent hotels spread across 37 states and 107 cities.
Since its establishment in 2006, MCR has continuously expanded its reach, with notable developments currently underway, including the Gramercy Park Hotel in New York City and the BT Tower in London. With a dedicated workforce comprising 7,000 team members, MCR is not just a leader in the industry; it has been recognized multiple times, including accolades from Fast Company as one of the 10 Most Innovative Travel Companies.
Frequently Asked Questions
What type of hotel has MCR acquired?
MCR has acquired the Hyatt Regency O’Hare Chicago, a prominent hotel in Rosemont featuring 1,095 rooms.
Where is the Hyatt Regency O’Hare Chicago located?
The hotel is situated in Rosemont, just five minutes from Chicago O’Hare International Airport.
What amenities does the Hyatt Regency O’Hare offer?
The hotel provides dining options, a fitness center, meeting space, and convenient access to the Donald E. Stephens Convention Center.
How does MCR rank in the hotel industry?
MCR is the third-largest hotel owner-operator in the United States, managing a diverse portfolio of premium hotels.
How can guests make a reservation at the hotel?
Guests can reserve rooms by calling the hotel directly or by visiting the hotel's website for online bookings.
