Marcus Hotels Press > Hotel Management Press Releases
10.28.15 |
Marcus Hotels & Resorts Announces Promotions to Celebrate The Marcus Corporation’s 80th Anniversary
Milwaukee, Wis., October 27, 2015. . . . Marcus® Hotels & Resorts today announced special deals and offers in celebration of the 80th anniversary of its parent company, The Marcus Corporation (NYSE: MCS). Founded on November 1, 1935 by Ben Marcus with the purchase of a single movie theatre in Ripon, Wisconsin, today The Marcus Corporation is a leader in the lodging and entertainment industries. For 80 years, a hallmark of The Marcus Corporation has been its dedication to creating memorable experiences for its guests and upholding its philosophy of “People Pleasing People.” The Marcus Corporation’s emphasis on quality, value and exceptional customer service has earned the company a reputation for excellence in every field it has entered. To celebrate 80 years in business, Marcus Hotels & Resorts is offering the following anniversary deals and discounts at the properties indicated below: Grand Geneva Resort & Spa (GrandGeneva.com) in Lake Geneva, Wisconsin, a leading resort with more than 1,300 acres and enjoyment for all seasons and all ages Heidel House Resort & Spa (HeidelHouse.com), located in scenic Green Lake Wisconsin, just minutes from The Marcus Corporation’s first business in Ripon, Wisconsin AC Hotel Chicago Downtown (ACHotelChicago.com), the new and stylish lifestyle hotel by Marriott that offers European flair and convenience near Michigan Avenue The Pfister Hotel (PfisterHotel.com) and the Hilton Milwaukee City Center (HiltonMilwaukee.com), the two top, AAA Four Diamond rated hotels in Milwaukee, Wisconsin For more information on the latest news and updates from Marcus Hotels & Resorts, please visit: https://media.marcushotels.com. About Marcus Hotels & Resorts *Restrictions and blackout dates apply. Offers based on availability. Does not include gratuity. See website for details. # # # |
10.28.15 |
Marcus Hotels & Resorts Announces Executive Appointments
MARCUS® HOTELS & RESORTS ANNOUNCES EXECUTIVE APPOINTMENTS
Tom Mason promoted to senior vice president of operations; Steve Magnuson returns as managing director of the Grand Geneva Resort & Spa and Timber Ridge Lodge & Waterpark Milwaukee, Wis., October 22, 2015. . . . .Marcus® Hotels & Resorts, a division of The Marcus Corporation (NYSE: MCS), today announced that Tom Mason has been promoted to senior vice president of operations. The company also announced that Steve Magnuson has returned as managing director of the Grand Geneva Resort & Spa and Timber Ridge Lodge & Waterpark in Lake Geneva, Wis. Mason joined Marcus Hotels & Resorts in 2014 as managing director of the Grand Geneva Resort & Spa. He was promoted to area vice president that same year, adding the additional responsibilities of overseeing the company’s Timber Ridge Lodge & Waterpark and the company’s downtown Chicago property, which is now the AC Hotel Chicago Downtown. In this role, Mason oversaw the conversion of the Chicago property to one of the first AC Hotels by Marriott in the U.S., which opened in June 2015. Mason joined Marcus Hotels & Resorts with over 30 years of hospitality experience, including serving in several leadership positions with Hyatt Hotels Corporation. Magnuson began his career with Marcus Hotels & Resorts in 1994 as general manager of the Grand Geneva Resort & Spa. In 1998 he was promoted to area vice president where he was instrumental in launching Timber Ridge Lodge & Waterpark and Orange Lake Vacation Club in Lake Geneva, Wis. In 2014 he joined Kalahari Resorts as vice president and managing director to successfully open one of America’s largest waterparks in Pocono Mountains, Penn. “Tom Mason has done an outstanding job in overseeing several of our largest properties and renovations, and will be a valuable asset to our executive management team. We are also very excited to welcome Steve Magnuson back to the Marcus Hotels family. Steve has been a valued member of our management team for 20 years and has the operations excellence, leadership skills and vision to build on the Grand Geneva Resort & Spa’s strong position as a leading Midwest travel destination. We congratulate both Tom and Steve on their new positions,” said Joseph Khairallah, chief operating officer of Marcus Hotels & Resorts. For more information on the latest news and updates from Marcus Hotels & Resorts, please visit: https://media.marcushotels.com. About Marcus Hotels & Resorts # # # |
10.16.15 |
The Marcus Corporation Completes Sale of Hotel Phillips in Kansas City, Mo.
Milwaukee, Wis., Oct. 16, 2015….. The Marcus Corporation (NYSE: MCS) today announced it has completed the previously announced sale of the Hotel Phillips in Kansas City, Mo. to an affiliate of Chicago-based Arbor Lodging Partners. Terms of the transaction were not disclosed. The sale is consistent with the company’s overall corporate strategy of constantly evaluating all of its owned hotels to ensure it is maximizing shareholder value, while also focusing on growth through new management contracts. The Marcus Corporation successfully owned and managed the 217-room Hotel Phillips for the past 14 years. Jameson and Company of Downers Grove, Ill., in cooperation with HotelBrokerOne, assisted The Marcus Corporation in the transaction. About The Marcus Corporation About Arbor Lodging Partners Certain matters discussed in this press release are “forward-looking statements” intended to qualify for the safe harbors from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements may generally be identified as such because the context of such statements include words such as we “believe,” “anticipate,” “expect” or words of similar import. Similarly, statements that describe our future plans, objectives or goals are also forward-looking statements. Such forward-looking statements are subject to certain risks and uncertainties which may cause results to differ materially from those expected, including, but not limited to, the following: (1) the availability, in terms of both quantity and audience appeal, of motion pictures for our theatre division, as well as other industry dynamics such as the maintenance of a suitable window between the date such motion pictures are released in theatres and the date they are released to other distribution channels; (2) the effects of adverse economic conditions in our markets, particularly with respect to our hotels and resorts division; (3) the effects on our occupancy and room rates of the relative industry supply of available rooms at comparable lodging facilities in our markets; (4) the effects of competitive conditions in our markets; (5) our ability to achieve expected benefits and performance from our strategic initiatives and acquisitions; (6) the effects of increasing depreciation expenses, reduced operating profits during major property renovations, impairment losses, and preopening and start-up costs due to the capital intensive nature of our businesses; (7) the effects of adverse weather conditions, particularly during the winter in the Midwest and in our other markets; (8) our ability to identify properties to acquire, develop and/or manage and the continuing availability of funds for such development; and (9) the adverse impact on business and consumer spending on travel, leisure and entertainment resulting from terrorist attacks in the United States or other incidents of violence in public venues such as hotels and movie theatres. Shareholders, potential investors and other readers are urged to consider these factors carefully in evaluating the forward-looking statements and are cautioned not to place undue reliance on such forward-looking statements. The forward-looking statements made herein are made only as of the date of this press release and we undertake no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances. # # #
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09.29.15 |
Marcus Restaurant Group Wins Standard of Excellence Award for New Website in Web Marketing Association’s 2015 WebAwards
 Milwaukee, Wis., September 17, 2015. . . . .Marcus Restaurant Group, a leading developer and operator of distinctive food and beverage experiences nationwide, was a Standard of Excellence winner in the restaurant category for its new website in the Web Marketing Association’s 2015 WebAwards. This year’s web development awards included over 1, 500 entries from 40 countries in 96 industry categories. Entries were judged on design, copywriting, innovation, content, interactivity, navigation and use of technology. The WebAwards competition highlights entries from around the world that show impressive creativity and functionality. “As Marcus Restaurant Group continues to grow, we needed to create a website that accommodated all our unique and creative restaurant concepts around the U.S., in one easy to navigate place. Our design focused on large, colorful images of our creative food concepts, and bright, vibrant boxes highlighting each of our restaurant brands. Our new website not only includes information on each of our restaurants, but also information on special events and our popular ‘Straight to Your Plate’ program, which highlights a monthly local ingredient and purveyors and suppliers who are doing an outstanding job in sourcing unique and interesting foods. Guests and customers really love learning about the purveyors, the history of their business and the diverse dishes our chefs create, and now we are able to better share those stories on our new website,” said Peggy Williams-Smith, vice president of food and beverage. Williams-Smith added, “The ‘Straight to Your Plate’ program has been very successful among guests and shows that hotel restaurants are real players in the culinary scene. The program is a win for all – it provides a perfect combination of great food with premium ingredients, mixed with talented chefs, wonderful restaurants and stellar Wisconsin-based purveyors.” For more information on the “Straight to Your Plate” program and to view videos of the latest ingredients, please visit: http://straighttoyourplate.com. For more information on Marcus Restaurant Group, please visit: www.marcusrestaurants.com. For more information on the WebAwards, please visit: http://www.webaward.org. About Marcus Restaurant Group About Marcus Hotels & Resorts # # # |
09.01.15 |
Marcus Hotels & Resorts Names Gerald Rappaport General Manager of the Skirvin Hilton Hotel
Milwaukee, Wis., September 1, 2015. . . . .Marcus® Hotels & Resorts, a division of The Marcus Corporation (NYSE: MCS), today announced that Gerald Rappaport has been appointed general manager of the Skirvin Hilton Hotel in Oklahoma City, Okla.  With more than 24 years of hospitality experience with Marcus Hotels & Resorts, Rappaport is an accomplished hotel operations leader and most recently served as general manager of the Hotel Phillips in Kansas City, Mo. Prior to that position, he was general manager of the company’s Timber Ridge Lodge & Waterpark in Lake Geneva, Wis. and served as interim general manager of the Grand Geneva Resort & Spa. During his time with Marcus Hotels & Resorts, he has also served as general manager of the Hilton Milwaukee and the InterContinental Milwaukee. The Skirvin Hilton Hotel is the sixth hotel he has managed for Marcus Hotels & Resorts. His career also includes serving as general manager of the Hyatt Regency Milwaukee and the Sheraton Brookfield in Brookfield, Wis. “Gerald has been a very capable leader in our organization and in the hospitality industry, overseeing renovations and operations at major properties. He is very involved in the communities in which he serves and is looking forward to his move to Oklahoma City. We know he will be a tremendous asset to the Skirvin Hilton Hotel in carrying on its tradition as the premier hotel in Oklahoma City,” said Joseph Khairallah, chief operating officer of Marcus Hotels & Resorts. Rappaport attended Southern Illinois University in Carbondale, Illinois and is a Certified Hotel Administrator (CHA). Most recently, he served as a director of the Downtown Council/Community Rappaport and his wife are relocating to Oklahoma City in early September. For more information on the latest news and updates from Marcus Hotels & Resorts, please visit: https://media.marcushotels.com. About The Skirvin Hilton Hotel The hotel features 225 luxuriously appointed guest rooms, including 20 one-bedroom suites, one presidential suite and 18,500 square feet of premier meeting and pre-function space. It is home to the upscale Park Avenue Grill restaurant and Red Piano lounge. In 2013, the Skirvin was named one of the best hotel meeting destinations and received a prestigious Pinnacle Award from Successful Meetings magazine. The hotel was also once again recognized as one of the 2015 Best Hotels in the USA by U.S. News & World Report, finishing as the #1 Hotel in Oklahoma City and the State of Oklahoma. The hotel remains on the National Register of Historic Places. For more information, please visit www.skirvinhilton.com and follow the company on Facebook and Twitter (@SkirvinHiltonOK). About Marcus Hotels & Resorts # # # |
08.13.15 |
The Pfister Hotel and Heidel House Resort & Spa Receive Five Awards in 21st Annual Communicator Awards
Heidel House Resort & Spa website, Pfister 120th anniversary book, new Pfister website and Pfister Augmented Reality Art Tour app all recognized in leading international awards program Milwaukee, Wis., August 12, 2015. . . . . Marcus® Hotels & Resorts, a division of The Marcus Corporation (NYSE: MCS), today announced that its owned and managed property, The Pfister Hotel, and its managed property, Heidel House Resort & Spa, won a combined total of five awards from the Communicator Awards, a leading international awards program recognizing big ideas in marketing and communications. This year’s Communicator Awards, judged by the Academy of Interactive & Visual Arts, garnered more than 6,000 entries from firms and agencies around the world. Awards of Excellence were given to those entrants whose ability to communicate positions them as the best in the field. Awards of Distinction were presented to projects that exceed industry standards in quality and achievement. Gold Awards of Excellence were won for: Silver Awards of Distinction were won for: “Our corporate marketing and technology teams continue to focus on content creation and offering engaging experiences for our customers when visiting all of our properties throughout the U.S. We successfully create unique experiences from not only a hotel management company perspective, but consider ourselves hoteliers that strive to touch our guests in meaningful ways,” said Christine Beuchert, senior director, marketing and ecommerce strategy for Marcus Hotels & Resorts. The Heidel House Resort & Spa website, http://www.heidelhouse.com, is a responsive site that showcases the lakefront property’s beautiful spaces and year-round activities and programming. Within three months of the site’s launch, there was a 330% increase in website visitors from the Chicago market alone, and mobile users were actively engaging in the new site, as evidenced by a 1,700% increase in mobile visits. The Pfister Hotel 120th Anniversary book, “The History, Art & Imagery of the Pfister Hotel,” captures the timeless beauty and elegance of the world-class hotel through breathtaking original photography by award-winning Milwaukee photographer Jay Filter and stories written by best-selling, award-winning writer Tom Jordan. The Pfister Hotel website, http://www.thepfisterhotel.com/, is a responsive website designed with impactful imagery, a modern look and feel, and easy navigation for online reservations, amenities, dining options and guestroom features. The Pfister Hotel Augmented Reality Art Tour app, http://www.thepfisterhotel.com/art-tour, is among the first of its kind in the hotel industry. The self-guided, digital, full-motion app allows users to virtually experience the largest collection of Victorian art housed by any hotel in the world. For more information, visit the Communicator Awards online: http://www.communicatorawards.com/. For the latest news and updates from Marcus Hotels & Resorts, please visit https://media.marcushotels.com. About Marcus Hotels & Resorts # # # |
07.29.15 |
The Marcus Corporation Announces Agreement to Sell the Hotel Phillips in Kansas City, Mo.
The Marcus Corporation (NYSE: MCS) today announced it has signed an agreement for the sale of the Hotel Phillips in Kansas City, Mo. to an affiliate of Chicago-based Arbor Lodging Partners, a national owner and manager of hotels that makes both debt and equity investments in hospitality properties. Terms of the transaction were not disclosed.
The Marcus Corporation has successfully owned and managed the 217-room Hotel Phillips for the past 14 years. Shortly after purchasing the historic hotel, the company completed an extensive renovation and added new guest amenities. A landmark in downtown Kansas City, the hotel also offers approximately 11,000 square feet of flexible meeting and pre-function space, a restaurant and a lounge.
“We consider this a highly strategic opportunity to acquire this beautiful historic hotel in Kansas City and to contribute to the future growth of the downtown area. The Hotel Phillips will be an excellent addition to our growing portfolio of many types of hotels nationwide,” said Vamsi Bonthala, chief executive officer of Arbor Lodging Partners. “As with other historic properties in our portfolio, we are planning a comprehensive renovation and the hotel will be managed by NVN Hotels, our hotel management affiliate.”
“The decision to sell the Hotel Phillips is consistent with our overall corporate strategy of constantly evaluating each of our owned hotels to ensure we are maximizing shareholder value, while also focusing on growth through new management contracts,” said Gregory S. Marcus, president and chief executive officer of The Marcus Corporation.
The sale and transition of management is expected to occur on or about September 1, 2015.
About The Marcus Corporation Headquartered in Milwaukee, Wisconsin, The Marcus Corporation is a leader in the lodging and entertainment industries, with significant company-owned real estate assets. The Marcus Corporation’s theatre division, Marcus Theatres®, currently owns or manages 681 screens at 55 locations in Wisconsin, Illinois, Iowa, Minnesota, Nebraska, North Dakota and Ohio. Following the sale of the Hotel Phillips, the company’s lodging division, Marcus® Hotels & Resorts, will own and/or manage 19 hotels, resorts and other properties in 10 states. For more information, visit the company’s web site at www.marcuscorp.com.
About Arbor Lodging Partners Arbor Lodging Partners is a Chicago-based national owner and operator of hotels. The company was founded in 2005 with the goal of uniting the best practices of enterprising hotel operators and sophisticated institutional investors to effectively underwrite and execute investments in the lodging space. Arbor Lodging Partners makes investments in hotels, acquires loans secured by hotels, and, through its affiliate NVN Hotels, manages operations for its own hotels and those owned by third-parties. To learn more about Arbor Lodging Partners visit http://www.arborlodging.com. To learn more about NVN Hotels, visit http://www.nvnhotels.com.
Certain matters discussed in this press release are “forward-looking statements” intended to qualify for the safe harbors from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements may generally be identified as such because the context of such statements include words such as we “believe,” “anticipate,” “expect” or words of similar import. Similarly, statements that describe our future plans, objectives or goals are also forward-looking statements. Such forward-looking statements are subject to certain risks and uncertainties which may cause results to differ materially from those expected, including, but not limited to, the following: (1) the availability, in terms of both quantity and audience appeal, of motion pictures for our theatre division, as well as other industry dynamics such as the maintenance of a suitable window between the date such motion pictures are released in theatres and the date they are released to other distribution channels; (2) the effects of adverse economic conditions in our markets, particularly with respect to our hotels and resorts division; (3) the effects on our occupancy and room rates of the relative industry supply of available rooms at comparable lodging facilities in our markets; (4) the effects of competitive conditions in our markets; (5) our ability to achieve expected benefits and performance from our strategic initiatives and acquisitions; (6) the effects of increasing depreciation expenses, reduced operating profits during major property renovations, impairment losses, and preopening and start-up costs due to the capital intensive nature of our businesses; (7) the effects of adverse weather conditions, particularly during the winter in the Midwest and in our other markets; (8) our ability to identify properties to acquire, develop and/or manage and the continuing availability of funds for such development; and (9) the adverse impact on business and consumer spending on travel, leisure and entertainment resulting from terrorist attacks in the United States or incidents such as the recent tragedy in a movie theatre in Louisiana.. Shareholders, potential investors and other readers are urged to consider these factors carefully in evaluating the forward-looking statements and are cautioned not to place undue reliance on such forward-looking statements. The forward-looking statements made herein are made only as of the date of this press release and we undertake no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances. ###
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07.28.15 |
Laurie Hobbs Joins Marcus Hotels & Resorts as Vice President of Marketing
Marcus® Hotels & Resorts, a division of The Marcus Corporation (NYSE: MCS), today announced that Laurie Hobbs has been named vice president of marketing. In her new role, Hobbs will provide executive leadership and management of operational areas including marketing, e-commerce, customer relationship marketing, advertising, social media and public relations.  “Laurie’s extensive experience in lodging and hospitality, particularly in the areas of brand strategy, integrated marketing communications, customer relationship marketing and public relations, will be a tremendous asset as we continue to grow and expand our presence as a leading hotel management company. We are very excited to welcome Laurie to our executive team,” said Joseph Khairallah, chief operating officer of Marcus Hotels & Resorts.
Hobbs joins Marcus Hotels & Resorts with 30 years of experience in marketing communications for the hospitality industry, most recently serving as director of marketing for Blue Harbor Resort, Spa & Conference Center in Sheboygan, Wis. Her career includes 15 years with Edelman Worldwide, the largest independent international communications firm, where she served as a vice president with responsibilities for major corporate and travel accounts. She later served as marketing and public relations counsel for lifestyle and technology companies including GE Healthcare.
In 2008, Hobbs joined Sandestin Investments in Sandestin, Fla. as director of marketing and public relations and oversaw integrated public relations and brand communications programs for Sandestin Golf and Beach Resort, the number-one resort on Florida’s Emerald Coast. Prior to her work at Blue Harbor Resort, she served as director of marketing and communications for Chicago Oakbrook Hills Resort in Oak Brook, Ill., operated by Destination Hotels & Resorts.
Hobbs has received numerous honors and awards for her work, including the Publicity Club of Chicago Silver Trumpet Award and the Golden Bell Award from the Hotel Sales & Marketing Association. She received a bachelor’s degree in journalism and public relations from Northern Illinois University, DeKalb, Ill.
For more information on the latest news and updates from Marcus Hotels & Resorts, please visit: https://media.marcushotels.com.
About Marcus Hotels & Resorts Marcus Hotels & Resorts, a division of The Marcus Corporation (NYSE: MCS), owns and/or manages 20 hotels, resorts and other properties in 11 states. A force in the hospitality industry, Marcus Hotels & Resorts provides expertise in management, development and historic renovations. The company’s portfolio includes a wide variety of properties including city-center meeting hotels, upscale resorts and branded first-class hotels. For more information on the latest news and updates, please visit: https://media.marcushotels.com and follow the company on Facebook and Twitter (@MarcusHotels).
About The Marcus Corporation Headquartered in Milwaukee, Wis., The Marcus Corporation is a leader in the lodging and entertainment industries, with significant company-owned real estate assets. In addition to its Marcus Hotels & Resorts division, the company’s movie theatre division, Marcus Theatres®, is the fifth largest theatre circuit in the United States and currently owns or operates 681 screens at 55 locations in Wisconsin, Illinois, Iowa, Minnesota, Nebraska, North Dakota and Ohio. For more information, visit the company’s web site at www.marcuscorp.com.
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07.01.15 |
Marcus Hotels & Resorts and Skirvin Partners in Development Recieve Citation of Merit from Oklahoma Historical Society
Milwaukee, Wis., June 24, 2015. . . . . Marcus® Hotels & Resorts, a division of The Marcus Corporation (NYSE: MCS), and Skirvin Partners in Development, the owners of the Skirvin Hilton Hotel, today announced Skirvin Partners, LLC, the Oklahoma City Redevelopment Authority and the Center for Economic Development Law have been awarded a 2015 State Historic Preservation Officer’s Citation of Merit at Oklahoma’s 27th Annual Statewide Preservation Conference on June 4, 2015. Marcus Hotels & Resorts is the majority owner of Skirvin Partners and currently manages the Skirvin Hilton hotel.
The development group was recognized for the joint effort to establish the preservation easement for the protection of the historic AAA Four Diamond Skirvin Hilton Hotel in Oklahoma City, Okla. In 2004, Skirvin Partners LLC and the Oklahoma City Redevelopment Authority, with the assistance of the Center for Economic Development Law, executed the Redevelopment Agreement for the historic Skirvin Hotel. The agreement required donation of a preservation easement to ensure protection of the hotel’s architectural, historic and cultural features for the benefit of the people of Oklahoma City. On September 9, 2014, the mayor and city council accepted the donation of the preservation easement on the property, with a positive recommendation from the Historic Preservation Commission. It is the first preservation easement granted to the city and will ensure protection of this landmark hotel in perpetuity.
“We are very honored to receive this recognition from the Oklahoma Historical Society. The restoration of this premier property was a complex undertaking from both a restoration and financial viewpoint. It is very rewarding to see that nearly eight years after the renovations were completed, the Skirvin continues to represent a piece of the city’s past and future and is carrying on its tradition as the premier hotel for residents and guests,” said Gregory S. Marcus, president and CEO of The Marcus Corporation.
Twenty-two citations were presented at the annual award program to individuals, organizations, agencies and firms that have made important contributions in the preservation of Oklahoma’s rich heritage. The awards recognize positive impacts on the preservation of Oklahoma’s historic properties through restoration, rehabilitation, research, planning, public programming and other activities.
For more information about the State Historic Preservation Office’s awards programs, please visit: http://www.okhistory.org/shpo/shpoawards.htm
About the State Historic Preservation Office The State Historic Preservation Office is a division of the Oklahoma Historical Society. The mission of the Oklahoma Historical Society is to collect, preserve and share the history and culture of the state of Oklahoma. Founded in 1893 by members of the Territorial Press Association, the OHS maintains 31 museums, historic sites and affiliates across the state. Through its research archives, exhibits, educational programs and publications the OHS chronicles the rich history of Oklahoma. For more information about the OHS, please visit www.okhistory.org.
About The Skirvin Hilton The Skirvin Hilton originally opened in 1911 and has been synonymous with elegance and innovation for the past five generations, hosting oil barons, dignitaries, movie stars, political leaders and presidents ever since. Guests from around the globe have traveled through the downtown Skirvin Hilton to experience its unique sophistication and timelessness. In 2007, Skirvin Partners in Development, Marcus Hotels & Resorts and Hilton partnered on renovating the hotel to its original glory. The reopening event was designated as an official Oklahoma Centennial event and since the renovation; the hotel has earned a AAA Four Diamond rating every year and received the Mayor’s Development Award for best downtown development.
The hotel features 225 luxuriously appointed guest rooms, including 20 one-bedroom suites, one presidential suite and 18,500 square feet of premier meeting and pre-function space. It is home to the upscale Park Avenue Grill restaurant and Red Piano lounge. In 2013, the Skirvin was named one of the best hotel meeting destinations and received a prestigious Pinnacle Award from Successful Meetings magazine. The hotel was also once again recognized as one of the 2015 Best Hotels in the USA by U.S. News & World Report, finishing as the #1 Hotel in Oklahoma City and the State of Oklahoma. The hotel remains on the National Register of Historic Places. For more information, please visit www.skirvinhilton.com and follow the company on Facebook and Twitter (@SkirvinHiltonOK).
About Marcus Hotels & Resorts Marcus Hotels & Resorts, a division of The Marcus Corporation (NYSE: MCS), owns and/or manages 20 hotels, resorts and other properties in 11 states. A force in the hospitality industry, Marcus Hotels & Resorts provides expertise in management, development and historic renovations. The company’s portfolio includes a wide variety of properties including city-center meeting hotels, upscale resorts and branded first-class hotels. For more information on the latest news and updates, please visit: https://media.marcushotels.com and follow the company on Facebook and Twitter (@MarcusHotels).
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06.23.15 |
Marcus Hotels & Resorts to Manage New Capitol District Marriott in Omaha, Neb.
Second Marriott hotel in Nebraska managed by Marcus Hotels & Resorts
Marcus® Hotels & Resorts, a division of The Marcus Corporation (NYSE: MCS), and MCS Capital LLC, today announced that Marcus Hotels & Resorts has been selected to manage the new Capitol District Marriott hotel currently under development in Omaha, Neb. The 14-story high-rise hotel is being developed by Shamrock Development, Inc. as the anchor for the Capitol District upscale urban destination dining and entertainment district, located in a prime redevelopment area in the city’s downtown. Marcus Hotels & Resorts will be a minority investor in the project and has provided pre-development and design programming for the project, and will provide technical consulting and pre-opening services during the construction phase. MCS Capital is The Marcus Corporation’s hotel investment subsidiary.
Located at Capitol Avenue and 10th Street, the 333-room full-service hotel will also have 20,000 square feet of flexible meeting space, including an 11,000 square-foot ballroom. The new ballroom will be the largest among the downtown Omaha hotels. Other features include a full-service restaurant, two bars, Starbucks® store in the lobby, extra-large fitness center, a rooftop outdoor swimming pool and a parking garage. Construction is underway, with completion anticipated in spring of 2017.
“The Capitol District is going to be an exciting addition to downtown Omaha and we are very pleased to be selected to manage the project’s anchor property. A number of factors came together to make the Capitol District Marriott an excellent opportunity for Marcus Hotels. We are also the majority owner and manager of The Cornhusker, a Marriott Hotel, in Lincoln, giving us a solid presence in Nebraska’s two largest cities,” said Joseph Khairallah, chief operating officer of Marcus Hotels & Resorts. “We look forward to bringing our more than 50 years of hotel expertise to the new Capitol District Marriott and to making it the premier hotel in downtown Omaha.”
Khairallah noted that the company is already familiar with Omaha. “The Marcus Corporation’s movie theatre division, Marcus Theatres®, entered the Omaha market in 2008 with the acquisition of Douglas Theatres and currently operates three Omaha movie theatres. We are investing in Omaha because it’s a great market that builds on our Midwestern roots. We are excited about expanding our presence in Omaha and being part of this very special project that will create an even more vibrant downtown.”
Michael T. Moylan, president of Shamrock Development, said, “We selected Marcus Hotels because of their extensive management expertise, but also because of the company’s knowledge of the Nebraska market and strong relationship with Marriott. We look forward to developing a hotel that is the first choice for convention attendees, meeting planners and leisure travelers, as well as for the local residents who will enjoy experiencing the hotel’s food and beverage outlets as part of the entire Capitol District.”
In addition to the new hotel, plans for the $205 million Capitol District include 225 residential apartments, 140,000 square feet of Class A office space, and 90,000 square feet of high-end retail space for restaurants, shops and entertainment, all located around a master planned plaza. The project is located across the street from the CenturyLink Arena & Convention Center and TD Ameritrade Park, home of the NCAA College World Series. The Capitol District Marriott is part of the first phase of the project, however Shamrock expects the entire Capitol District to come on line at the same time in the spring of 2017.
For more information on the Capitol District, please visit: http://www.capitoldistrictomaha.com. For the latest news and updates from Marcus Hotels & Resorts, please visit https://media.marcushotels.com.
About Marcus Hotels & Resorts Marcus Hotels & Resorts, a division of The Marcus Corporation (NYSE: MCS), owns and/or manages 20 hotels, resorts and other properties in 11 states. A force in the hospitality industry, Marcus Hotels & Resorts provides expertise in management, development and historic renovations. The company’s portfolio includes a wide variety of properties including city-center meeting hotels, upscale resorts and branded first-class hotels. For more information on the latest news and updates, please visit: https://media.marcushotels.com and follow the company on Facebook and Twitter (@MarcusHotels).
About Shamrock Development Shamrock is a local real estate development company, founded by Omaha native Michael T. Moylan, CCIM. Shamrock specializes in creating downtown mixed-use developments. Recent projects include the historic renovation of The Barker Building at 15th & Farnam, the 1501 Jackson Apartments, restoration of The Paxton at 14th & Farnam Street, the 1000 Dodge Building at 10th and Dodge, and the 1009 Capitol Building. To learn more, please visit Shamrock Development at www.shamrockdevelopment.com.
About The Marcus Corporation Headquartered in Milwaukee, Wisconsin, The Marcus Corporation is a leader in the lodging and entertainment industries, with significant company-owned real estate assets. In addition to its Marcus Hotels & Resorts division, The Marcus Corporation’s theatre division, Marcus Theatres®, currently owns or manages 681 screens at 55 locations in Wisconsin, Illinois, Iowa, Minnesota, Nebraska, North Dakota and Ohio. For more information, please visit the company’s web site at www.marcuscorp.com.
Certain matters discussed in this press release are “forward-looking statements” intended to qualify for the safe harbors from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements may generally be identified as such because the context of such statements include words such as we “believe,” “anticipate,” “expect” or words of similar import. Similarly, statements that describe our future plans, objectives or goals are also forward-looking statements. Such forward-looking statements are subject to certain risks and uncertainties which may cause results to differ materially from those expected, including, but not limited to, the following: (1) the availability, in terms of both quantity and audience appeal, of motion pictures for our theatre division, as well as other industry dynamics such as the maintenance of a suitable window between the date such motion pictures are released in theatres and the date they are released to other distribution channels; (2) the effects of adverse economic conditions in our markets, particularly with respect to our hotels and resorts division; (3) the effects on our occupancy and room rates of the relative industry supply of available rooms at comparable lodging facilities in our markets; (4) the effects of competitive conditions in our markets; (5) our ability to achieve expected benefits and performance from our strategic initiatives and acquisitions; (6) the effects of increasing depreciation expenses, reduced operating profits during major property renovations, impairment losses, and preopening and start-up costs due to the capital intensive nature of our businesses; (7) the effects of adverse weather conditions, particularly during the winter in the Midwest and in our other markets; (8) our ability to identify properties to acquire, develop and/or manage and the continuing availability of funds for such development; and (9) the adverse impact on business and consumer spending on travel, leisure and entertainment resulting from terrorist attacks in the United States or incidents such as the tragedy in a movie theatre in Colorado in July 2012. Shareholders, potential investors and other readers are urged to consider these factors carefully in evaluating the forward-looking statements and are cautioned not to place undue reliance on such forward-looking statements. The forward-looking statements made herein are made only as of the date of this press release and we undertake no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances. # # #
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