Marcus Hotels & Resorts, Hempel Real Estate and Robinson Park Close Acquisition of Loews Minneapolis Hotel

Core Insights - Marcus Hotels & Resorts, in partnership with Hempel Real Estate and Robinson Park, has acquired the Loews Minneapolis Hotel, which will be rebranded as The Lofton Hotel under the Tapestry Collection by Hilton, marking the first Tapestry Collection hotel in Minnesota [1][2] Company Overview - Marcus Hotels & Resorts now owns and/or manages 16 hotels and resorts across the U.S., with a focus on creating asset value through management, development, and product repositioning since 1962 [9] - Hempel Real Estate, established in 2001, specializes in acquiring, developing, leasing, and managing commercial properties, with over 3 million square feet in its portfolio [11] - Robinson Park, based in Oklahoma City, has over 120 years of experience in commercial real estate, managing assets worth $2 billion across various sectors [12] Property Details - The Lofton Hotel features 251 contemporary guest rooms and suites, with amenities including Keurig coffee makers and luxurious bathroom fixtures, and offers over 15,000 square feet of flexible meeting and event space [4][5] - The hotel is strategically located in downtown Minneapolis, close to shopping, entertainment, and major sports venues, enhancing its appeal to both business and leisure travelers [3] Management and Leadership - Jim Waldvogel has been appointed as the general manager of The Lofton Hotel, bringing over 30 years of hospitality experience, including leadership roles at other Marcus Hotels & Resorts properties [6][7] Brand and Loyalty Program - The Lofton Hotel is part of Hilton Honors, which offers members exclusive benefits such as flexible payment options and contactless technology through the Hilton Honors mobile app [8]