Destination Hotels & Resorts Welcomes Chicago's Oak Brook Hills Resort to Growing Portfolio
Leading hospitality company assumes management of upscale Midwestern retreat on behalf of public REIT, rebrands as independent
Englewood, CO - November 27, 2013 - Destination Hotels & Resorts continues to grow its diverse collection of upscale hotels, resorts and conference centers with the addition of Oak Brook Hills Resort - Chicago. The 386-room hotel, formerly known as the Chicago Oak Brook Hills Marriott Resort, has been rebranded as Oak Brook Hills Resort - Chicago. DiamondRock Hospitality Company selected Destination Hotels & Resorts to manage the resort through a competitive bid process.
“We are excited to partner with Destination Hotels & Resorts for the Oak Brook Hills Resort - Chicago, given their strong conference center meeting platform and this being an ideal property for their existing customer base,” said Rob Tanenbaum, Chief Operating Officer and Executive Vice President of Asset Management for DiamondRock Hospitality Company. “The team is creative and entrepreneurial with a strong focus on driving asset value.”
Located only 18 miles from downtown Chicago and O'Hare International Airport and minutes from the METRA train station and Oak Brook Mall, Oak Brook Hills Resort - Chicago is an ideal retreat for business and leisure travelers alike. The property recently underwent a $15 million renovation, delivering elegant, guest room furnishings with modern conveniences. The 386 rooms and 39 hotel suites overlook the scenic, award-winning Willow Crest Golf Course, which Destination Hotels & Resorts will also manage. Amenities include three pools featuring a seasonal outdoor therapy option, expansive fitness center, four restaurants, tennis courts, 42,500 square foot IACC-certified conference center and much more.
“We are thrilled to manage our inaugural property on behalf of DiamondRock Hotel Company and welcome Oak Brook Hills Resort - Chicago back to its roots as an independent hotel,” said Jamie Sabatier, president and chief operating officer of Destination Hotels & Resorts. “We are committed to working with DiamondRock to execute property enhancements ensuring that the resort is a leading venue by leveraging our management platform, the picturesque Oak Brook location and the resort's upscale amenities.”
About Destination Hotels & Resorts
Destination Hotels & Resorts is the country's fourth largest hospitality management company with a portfolio of extraordinary resorts and hotels that span the nation, from exhilarating alpine adventures to stunning beachfronts to vibrant urban destinations. Celebrating its 40th anniversary in 2013, Destination manages 40 independent, luxury and upscale hotels, resorts and golf clubs, each offering authentic, enriching experiences for the discerning traveler. The company's award-winning collection features 113 unique restaurants, lounges and bars, 18 golf courses, 17 full-service spas and six IACC certified conference centers. Destination Hotels & Resorts properties are located in premier locales in metropolitan and resort markets including Miami, Los Angeles, Washington DC, Chicago, Boston, Maui, Phoenix, Santa Fe, Aspen, Vail, Lake Tahoe, Seattle, Denver and San Diego. Headquartered in Colorado, the privately owned company is a subsidiary of Los Angeles-based investment, development and management firm Lowe Enterprises and the Lowe Hospitality Group. For more information on Destination Hotels & Resorts, visit www.destinationhotels.com. Follow us on Twitter: @Destination. Like us on Facebook: DestinationHotels.
About DiamondRock Hospitality Company
DiamondRock Hospitality Company is a self-advised real estate investment trust (REIT) that is an owner of a leading portfolio of geographically diversified hotels concentrated in top gateway markets and destination resort locations. The Company owns 26 premium quality hotels with over 11,000 rooms. The Company has strategically positioned its hotels to generally be operated under the leading global brands such as Hilton, Marriott, and Westin. For further information on the Company and its portfolio, please visit DiamondRock Hospitality Company's website at www.drhc.com.
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Marriott International, Inc. (NASDAQ: MAR) is a global leading lodging company based in Bethesda,Maryland, USA, with more than 4,200 properties in 80 countries and territories. Marriott International reported revenues of nearly $14 billion in fiscal year 2014. The company operates and franchises hotels and licenses vacation ownership resorts under 19 brands, including: The Ritz-Carlton®, BVlgari®, EDITION®, JW Marriott®, Autograph Collection® Hotels, Renaissance® Hotels, Marriott Hotels®, Delta Hotels and Resorts®, Marriott Executive Apartments®, Marriott Vacation Club®, Gaylord Hotels®, AC Hotels by Marriott®, Courtyard®, Residence Inn®, SpringHill Suites®, Fairfield Inn & Suites®, TownePlace Suites®, Protea Hotels® and MoxyHotels®. Marriott has been consistently recognized as a top employer and for its superior business ethics. The company also manages the award-winning guest loyalty program, Marriott Rewards® and The Ritz-Carlton Rewards® program, which together surpass 50 million members. For more information or reservations, please visit our website at 
