MCR Acquires Hilton Garden Inn Cincinnati Northeast in Loveland, Ohio
MCR ,
the seventh largest hotel owner-operator in the United States, today
announced that it has acquired and will manage the 84-room Hilton Garden Inn Cincinnati Northeast in Loveland, Ohio.
Located in the center of the Northeast Cincinnati Business corridor
off Interstate 275, the Hilton Garden Inn Cincinnati Northeast is just
20 miles from downtown, home to major corporations including
International Paper (NYSE: IP), Siemens, Tata Consultancy Services,
Hershey, Nestle and Kellogg's. Hotel guests can drive two miles to the
Oasis Golf and Conference Center, an 18-hole course designed by the late
World Golf Hall of Famer Arnold Palmer and a popular wedding venue. The
picturesque 70-mile Loveland Bike Trail and Kings Island, the largest
amusement and water park in the Midwest, are also minutes away from the
hotel.
“We are pleased to make this investment in suburban Cincinnati, where
MCR has successfully invested in the past,” said Tyler Morse, CEO and
Managing Partner of MCR. “This property is poised to benefit from
Greater Cincinnati's growing economy and is another example of our
ability to identify and acquire an undervalued asset with significant
return potential.”
The Hilton Garden Inn Cincinnati Northeast features:
? Spacious guest rooms with Garden Sleep System beds and ergonomic workstations
? Free Wi-Fi
? A fully-equipped fitness center with an indoor pool
? Two meeting rooms that can host up to 80 people
? A 24-hour business center with free copying services
? The Garden Grille and Bar, which offers room service, and the Pavilion Lounge cocktail bar
? A 24-hour convenience store
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 
