Real EstateAcquisitionsLoews Completes Acquisition of InterContinental Chicago O'Hare

Loews Completes Acquisition of InterContinental Chicago O’Hare

NEW YORK, N.Y.—Loews Hotels & Resorts today announced that the company completed the acquisition of the 556-room InterContinental Chicago O’Hare Hotel.

Located less than two miles from O’Hare Airport and just 13 miles from downtown Chicago, the newly named Loews Chicago O’Hare Hotel has immediately been converted to the Loews Hotels brand.

The hotel is across the street from the Donald E. Stephen’s Convention Center, adjacent to the newly opened Fashion Outlets of Chicago, and a couple blocks from the Rosemont Entertainment District. Loews Chicago O’Hare features three restaurants and bars, more than 53,000 square feet of meeting and event space, and a curated art gallery.

“As we grow and expand the brand, we always look for properties that appeal to all kinds of travelers—leisure travelers, the business traveler as well as groups,” said Paul Whetsell, president and CEO, Loews Hotels & Resorts. “Loews Hotels has a strong presence in serving the meetings market, and we’re excited about the wealth of meetings and event opportunities that the addition of Loews Chicago O’Hare will provide for our customers.”

This addition is part of Loews Hotels & Resorts expanding their footprint throughout the Midwest. Earlier this month, the company acquired the Graves 601 hotel, now renamed Loews Minneapolis Hotel, and in February 2015, the 400-room new build Loews Chicago Hotel, located in the heart of downtown, will open. Loews Hotels continues to add properties in gateway cities and resort destinations.

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