CHMWarnick of Massachusetts was appointed as asset manager of the Hilton Cleveland Downtown Hotel in Cleveland, Ohio.
The hotel signed a three-year, $675,000 contract with CHMWarnick for the hotel. Of six firms that submitted approvals for the property, Cuyahoga County, Ohio narrowed its search to two of them before choosing CHMWarnick, which already acts as asset manager to 12 convention center hotels.
“CHMW is a proven asset management firm that has produced excellent results for its convention center hotels,” said Michael W. Dever, director of public works for Cuyahoga County. “They were a natural choice to represent the County’s interests to ensure we achieve our business goals.”
The Hilton Cleveland Downtown Hotel opened June 1, and consists of 600 guestrooms across 32 stories. The property was built for $272 million, and is connected to the First Merit Convention Center, the Global Center for Health Innovation and Mall B. The hotel also has more than 46,000 square feet of meeting space, in addition to 395,000 square feet at the adjoining Convention Center. Hotel amenities include a business center, fitness center and indoor pool.
"With the addition of the Hilton Cleveland Downtown, CHMW’s 50 property asset management portfolio now includes a total of 12 convention center headquarter hotels, with more than 12,000 rooms and one million-plus square feet of meeting space, providing us with unparalleled experience in big-box, group-oriented hotels," said Chad Crandell, managing director and CEO of CHMWarnick.