MILWAUKEE—Marcus Motels & Resorts introduced that it, Hempel Actual Property, and Robinson Park have closed on the acquisition of the Loews Minneapolis Resort. The property will probably be managed by Marcus Motels & Resorts and will probably be rebranded as The Lofton Resort below the Tapestry Assortment by Hilton flag, making it the primary Tapestry Assortment lodge in Minnesota. The phrases of the transaction weren’t disclosed.
“Since 1993, Marcus Motels & Resorts has been invested in elevating the journey and leisure expertise in Minneapolis, a metropolis we tremendously admire and admire,” mentioned Michael Evans, president of Marcus Motels & Resorts. “The Lofton Resort’s stylish design, unimaginable location, and ample facilities create a welcoming vacation spot for vacationers visiting the Twin Cities and experiencing all they’ve to supply. With The Lofton Resort now a part of the Tapestry Assortment by Hilton platform, we sit up for welcoming our new associates to the Marcus Motels & Resorts household and offering our friends with the high-quality service and expertise for which Hilton and we’re recognized. We additionally sit up for taking part in an energetic half within the continued resurgence of the downtown enterprise and social group.”
“We’re excited to speculate as soon as once more within the downtown group of Minneapolis, a group we consider in,” mentioned Mark Beffort, CEO of Robinson Park. “With the backing of the Tapestry Assortment by Hilton and the administration experience of Marcus Motels & Resorts, The Lofton Resort is poised to ship an unparalleled expertise within the coronary heart of the downtown core.”
“As long-time traders within the Twin Cities space, we’re thrilled to put money into a serious downtown landmark on the coronary heart of town’s sports activities and leisure districts,” mentioned Josh Krsnak, CEO at Hempel Actual Property. “This funding aligns carefully with Hempel’s dedication to actual property tasks that add significant worth to cities and their communities.”
Situated in downtown Minneapolis, The Lofton Resort is close to town’s buying and leisure districts in addition to sports activities locations just like the Goal Heart, which is related to the lodge by way of skywalk, and Goal Subject. Enterprise vacationers can even simply connect with the enterprise district and close by workplace buildings utilizing the Minneapolis Skyway System.
The complete-service life-style property has 251 guestrooms and suites that spotlight the state’s topographic options. Along with paintings in rooms and customary areas that draw inspiration from elements of Minneapolis’ identification, every room is provided with Keurig espresso makers, limestone counters, and glass basins within the loos. A few of the Lofton Resort’s suites have views straight into Goal Subject. The Lofton Resort boasts greater than 15,000 sq. ft of versatile assembly and occasion area that gives audiovisual expertise for conferences, group occasions, and weddings of all sizes.
Meals and beverage retailers embrace a signature restaurant impressed by the Pacific areas, in addition to a bar and lounge on the foyer stage providing cocktails and native microbrews, together with small bites. To enchantment to each locals and friends alike, each ideas will probably be up to date to supply a meals and beverage expertise. Different lodge facilities embrace a enterprise middle, a health middle with a spread of cardio and weightlifting tools and Peloton bikes, a pet-friendly coverage, and a concierge service.
Marcus Motels & Resorts has appointed Jim Waldvogel as common supervisor of The Lofton Resort, efficient instantly. Waldvogel brings greater than 30 years of hospitality expertise, with greater than 26 years of his profession serving in management positions at different resorts within the Minneapolis space for Marcus Motels & Resorts. Along with his new function, he continues to function managing director and common supervisor of the corporate’s Hilton Minneapolis/Bloomington property. Beforehand, Waldvogel served as common supervisor of Marcus Motels & Resorts’ previously managed property, Crowne Plaza Northstar in Minneapolis.
“We’re excited for Jim to imagine management of The Lofton Resort, a property we consider suits completely inside our portfolio of premium branded and impartial resorts,” mentioned Evans. “His confirmed hospitality experience and fervour for making every visitor’s keep extraordinary will proceed to raise The Lofton Resort as one of many high locations within the Twin Cities.”
