Chartres Lodging Group
From Wikipedia, the free encyclopedia
From Wikipedia, the free encyclopedia
The Chartres Lodging Group, is an American advisory and investment firm focused on the property management, asset management, renovation and development of lodging assets. It has been responsible for over $9 billion of hospitality investments and assets comprising over 100 upscale and luxury hotels, resorts and conference centers. As of 2006[update], the company is responsible for a $4 billion, 12,000-room portfolio of luxury and upscale hotels, conference centers and resorts in the United States.
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Company type | Private |
---|---|
Industry | Investment in hospitality |
Founded | 2002San Francisco) | (
Headquarters | San Francisco, California, US |
Key people | Rob Kline, President and co-founder Maki Bara, managing partner and co-founder |
Services | Investments in hotels, resorts, and restaurants |
Website | chartreslodging |
The company was founded in San Francisco by principal investors Rob Kline and Maki Bara.[1]
In 2006, Chartres Lodging formed its own internal property management company, Kokua Hospitality, designed to provide additional property management resources.
Chartres' most significant acquisition was the purchase of the 4,867-room Adam's Mark hotel portfolio from HBE Corp., of St. Louis, and renovating, re-branding and repositioning plans for five properties encompassing high-profile, convention-oriented hotels in Dallas, Denver, St. Louis, Indianapolis and Buffalo.[2]
The company's history of hotel investment includes the turnaround of various distressed properties including Inn of Chicago, DoubleTree by Hilton Chicago Magnificent Mile, the Allerton Hotel Chicago, Hyatt Place Waikiki Beach, and Hotel Novotel New York Times Square.
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