Hostmark Group Takes Over Management of InterContinental Chicago O'Hare
Hotel Has Emerged from Bankruptcy
Schaumburg, IL - November 30, 2011 - Hostmark Hospitality Group, one of the nation's largest hotel management companies, has commenced operating the InterContinental Chicago O'Hare. Ownership of the hotel was transferred to a new entity formed by its lenders, as the property emerged from bankruptcy.
“There was uncertainty about future ownership and management as the hotel struggled in bankruptcy for the past two years, but those legal proceedings are behind us,” said Peter Connolly, Executive VP of Operations and Development, Hostmark Hospitality Group. “We are confident that under Hostmark's management we can take the InterContinental Chicago O'Hare—which we think already is the best hotel in the O'Hare market—to the next level."
Located in Rosemont, Illinois, the InterContinental O'Hare has 556 luxury guest rooms, including 70 suites, and more than 53,000 square feet of event/meeting space. Hostmark has retained nearly all of the hotel's 200 associates.
“The hotel has a terrific staff,” Connolly said. “Coupled with Hostmark's noted ability to effect smooth transitions, we are confident that together we will continue the InterContinental O'Hare's exceptional service levels and improve its profitability.” Since its inception in 1965, Hostmark has successfully provided management services for more than 350 hotels, resorts and restaurants.
About Hostmark Hospitality Group:
Hostmark Hospitality Group is a leading hospitality management firm with consistent leadership spanning more than four decades, operating upscale full service hotels, independent boutique hotels, luxury resorts, focused service hotels, attractions and concept restaurants worldwide. Headquartered in Schaumburg, IL, with Development offices in Denver, CO, and Cairo, Egypt, Hostmark Hospitality Group is an award-winning operator of Marriott, Hilton, Intercontinental Hotels Group, Starwood and Wyndham Hotels. Hostmark Hospitality Group has a proven longstanding reputation for delivering superior results through forward focused ingenuity and exceptional asset management. www.hostmark.com
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 
