MCR Acquires Hilton Garden Inn Cincinnati Northeast in Loveland, Ohio

USA, New York City, New York. May 21, 2018

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
 


Business Contact:


T: 808-344-8385
E: [email protected]

Subscribe to our newsletter
for more Hotel Newswire articles

Related News

Choose a Social Network!

The social network you are looking for is not available.

Close
Coming up in October 2022...

Hotel Revenue Management: Every Square Foot Matters


Traditionally, hotels have employed a room-centric revenue model. The primary focus was on pricing strategies that could generate the most revenue from the sale of rooms. However, the pandemic has forced hoteliers to look beyond room revenue exclusively, and to maximize all available revenue streams. How is this accomplished? By re-imagining the use and function of every square foot of a hotel property, and how revenue is generated from it. For example, some hotels are rethinking their spaces for different uses - offering rooms for private day meetings, or offering suites for private dinners. Other hotels with meeting spaces are moving beyond daytime conferences and events, and figuring out how to book those spaces in the evenings, on holidays and weekends, for such things as exhibitions, workshops, rehearsals and pop-ups. Still other hotels are leasing work spaces or parking spaces to businesses in their local market. The October issue of the Hotel Business Review will report on how some leading hotels are re-inventing their revenue management strategies.