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Arbor Lodging Partners
Acquires Kansas City’s Historic Hotel Phillips
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NVN Hotels will immediately take
over the hotel’s management as Arbor
Lodging Partners launches a significant
renovation and property revival.
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Chicago,
IL – October 2015 / Newsmaker Alert / Arbor
Lodging Partners (“Arbor”), a leading fully-integrated owner and operator
of hotels, announces that, through an affiliate, it has acquired the historic
Hotel
Phillips in downtown Kansas City, Mo, a 217-room full-service hotel
and popular events venue.
NVN Hotels,
an affiliate of Arbor, will manage the hotel as Arbor oversees a significant
renovation and revival of the property. The extensive renovation will highlight
Hotel Phillips’ unique history and reposition the iconic property to be
the leading lifestyle and experience-driven hotel in the market with new
food & beverage outlets and creative programming. Upon renovation,
the hotel will join the Curio Collection by Hilton, a collection of unique
hotels appealing to travelers seeking local discovery.
An
Iconic Past
Steeped
in local history, this art-deco icon of downtown Kansas City originally
opened in 1931, and since that time has consistently hosted key business
and society events. Listed on the National Registry of Historic Places
since 1979, the hotel has hosted many a celebrity in its rooms, from Tina
Turner to John Barrymore and many others as they perform nearby. For performers
and guests alike, the neighborhood simmers in nightlife and entertainment
options, including the live music venues of the adjacent popular nightlife
destination, the Power & Light District; the neighboring Sprint Center;
and, events at the Kansas City Convention Center.
Once
the tallest building in Kansas City, the hotel’s architecture makes the
hotel a nexus in the urban fabric of this “big small town.” Equally impactful
inside and out, the lobby is on many tourists’ bucket list for places to
see in Kansas City. Elaborate bronze and nickel metalwork stand out against
lustrous walnut paneling, offering a uniquely luxurious yet Midwestern
ambiance.
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A
Bright Future
Today,
the hotel offers a full-service guest experience, convenient to participants
of functions in its approximately 11,000 square feet of flexible meeting
and pre-function space—or those attending functions in nearby venues. It
also features a restaurant and bar, 12 Baltimore, where guests and downtown
theatre attendees can enjoy food prepared by an award-winning chef, as
well as live music three nights a week. The renovation will add programming
to underscore the hotel as a unique local destination, with a vibe appealing
to all generations.
“We
are launching our renovation of this beautiful historic hotel immediately,
to deliver a guest experience that takes advantage of all the amenities
its downtown location has to offer, and contributes to the revival of the
heart of Kansas City,” explains Vamsi Bonthala, chief executive officer
of Arbor Lodging Partners.
The
sale closed Friday (October 16), and the transition of management is effective
immediately.
“Our
hotel platform is in expansion mode; we want our hotels to offer communal
spaces to work and socialize; healthy, local selections of food; and for
our guests to have an authentic and satisfying experience,” added Arbor
Lodging Partners principal Sheenal Patel, also chief executive officer
of NVN Hotels.
About
Arbor Lodging Partners and NVN Hotels
Arbor
Lodging Partners is a Chicago-based national owner and operator of hotels.
The company was founded in 2005 with the goal of uniting the best practices
of enterprising hotel operators and sophisticated institutional investors
to effectively underwrite and execute investments in the lodging space.
Arbor Lodging Partners makes investments in hotels, acquires loans secured
by hotels, and, through its affiliate NVN Hotels, manages operations for
its own hotels and those owned by third-parties. To learn more about Arbor
Lodging Partners visit www.arborlodging.com.
To learn more about NVN Hotels, visit www.nvnhotels.com.
Media
Contact:
Patricia
Agos
773-758-5044
Akrete
Communications |