The Hotel Group Acquires Kansas City Airport Marriott

. August 10, 2015

KANSAS CITY, MO. August 10, 2015, — The Hotel Group (THG), a nationally recognized Top 40 hotel management and ownership company based in Edmonds, Washington, and an operations office in Franklin, TN announced today the acquisition of the Kansas City Airport Marriott. The 384 room full service property features over 14,000 square feet of versatile meeting space including twenty-one meeting rooms and function space ideal for business gatherings, social events or weddings. It is the only hotel located on airport grounds, 20 minutes from downtown Kansas City and has easy access to shopping and dining.

"This is our second hotel in the Kansas City market and we identified this property because it has strong investment potential and represents the type of asset we seek to acquire: high quality full service properties under strong brands," stated Douglas Dreher, President and CEO of The Hotel Group. "We are planning a full transformational renovation of the hotel and believe there is significant upside given its location in this stable and growing market."

The Kansas City Airport Marriott's amenities include a Grand Pavilion with outdoor pergola, fitness center and indoor swimming pool. The property is located minutes away from the Kansas Speedway, Nebraska Furniture Mart, Kauffman Stadium home of the Kansas City Royals and Arrowhead Stadium home of the Kansas City Chiefs.

The Hotel Group is in its 31st year of operations and is proud to deliver the best in quality, value and service while respecting client partners and encouraging associate growth. In the past thirty-one years, The Hotel Group has grown into the clear leader of both hotel ownership and management. At the core of the firm is a powerful ability to revitalize hotels into strong market players and attracting the industry's finest people.

About The Hotel Group

The Hotel Group is a nationally recognized Top 40 hotel company and currently manages and/or owns 30 properties in 11 states, representing 12 brands and employs more than 1,600 people. Since its inception in 1984, THG has managed and/or owned 117 properties in 25 states, directed the design and construction of more than 40 new hotels, completed the acquisition of more than $170 million in private investment as the sponsor of Hotel Group Opportunity Funds I, II, III, IV and V.

Contact:
Stacy Silver
[email protected]
954.306.0747

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