Greenwood Hospitality to manage second Illinois hotel

The Hyatt Place Champaign/Urbana is located a five-minute drive from the University of Illinois at Urbana-Champaign. Photo credit: Hyatt Hotels Corp.

Greenwood Hospitality Group received the management contract for the 145-room Hyatt Place Champaign/Urbana in Illinois. The property follows the Hilton Chicago Oak Lawn (Ill.) as the third-party hotel-management company’s second location in the state.

The Hyatt Place is located in downtown Champaign, Ill., within walking distance of dozens of restaurants and bars and a five-minute drive away from the University of Illinois at Urbana-Champaign. The property features an indoor pool, a fitness center, a cocktail bar and 3,200 square feet of meeting space.

Greenwood Hospitality is a Denver-based operator specializing in the acquisition, repositioning and management of upscale and full-service hotels throughout the United States. Its portfolio comprises 22 properties and more than 4,100 rooms.

FREE DAILY NEWSLETTER

Like this story? Subscribe to Operations!

Hospitality professionals turn to Operations as their go-to source for breaking news on guest rooms, food & beverage, hospitality trends, management, and more. Sign up today to get news and updates delivered to your inbox daily and read on the go.

Suggested Articles

As the cost of building hotels continues to rise, modular construction presents a possible way for developers to save money.

The 80-room hotel, owned by Freeman & Kallaher Colorado Properties and managed by InterMountain Management, is slated to open Oct. 23.

Q3 2019 marked the first quarter during the current cycle to experience RevPAR growth below 1 percent.