Susie Grynol resigns from HAC, appointed VP at Marriott International
The Hotel Association of Canada (HAC) has announced the resignation of Susie Grynol from her position as president and CEO, effective June 3rd, 2024
Vancouver-based company Onni Group has completed a deal to buy Chicago’s 159-room Ace Hotel for $63 million in Chicago’s Fulton Market District.
Vancouver-based company Onni Group has completed a deal to buy Chicago’s 159-room Ace Hotel for $63 million in Chicago’s Fulton Market District, as reported by The Real Deal, Chicago Real Estate News.
Onni’s plans for the seven-story property located at 311 North Morgan Street have not been released yet, but the Ace Hotel Group has said that it will no longer manage the hotel beginning Jan. 26th.
If the sale goes through, the $400,000 per room price tag will be significantly lower than what Sterling Bay tried to sell the property for before the COVID-19 pandemic hit. The purchase price is just below the $64 million of debt Sterling Bay refinanced the property for in 2018.
The Ace Hotel deal will be one of the highest per-room totals paid for a hotel in downtown Chicago since the beginning of the pandemic. It is also just one of several current projects by Onni Group in the Windy City.
The Hotel Association of Canada (HAC) has announced the resignation of Susie Grynol from her position as president and CEO, effective June 3rd, 2024
To commemorate International Women’s Day 2024, Choice Hotels Canada presents the remarkable journeys of four distinguished women leaders within the Canadian hotel sector. Their stories of resilience, innovation, and…
Atlific Hotels has appointed Christine Kennedy to chief executive officer.
Atlific Hotels has made new changes to its executive leadership, promoting Philippe Gadbois to chief operating officer and Mo Darehshiri to chief financial officer.