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The Harp Group, in partnership with AMC
Delancey Group, acquired the 426-room Holiday Inn Select in Naperville,
Illinois in April of 2006, with the intent to renovate the property
and convert it to a full-service Marriott.
The Holiday Inn Select is located in
a prime location in the western Chicago suburbs in an area that
continues to grow with additional retail development planned. The
partnership is working on renovation and expansion plans for the
hotel, which will include a complete guestroom renovation, the addition
of a new restaurant, expansion of the hotel’s function space
to approximately 37,000 square feet, improvements to the pool area,
revamping of the fitness facility, expansion to the parking facilities
and upgrades to the HVAC system, all with the ultimate goal of reflaging
the property as a Marriott. To that end, the partnership has signed
a franchise license agreement with Marriott International.
The Holiday Inn Select is currently being
managed by The Harp Group’s affiliated management company, Portfolio Hotels & Resorts. |
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