MILWAUKEE – (BUSINESS WIRE) – Marcus® Hotels & Resorts, a nationally recognized ownership and management company and division of Marcus Corporation (NYSE: MCS), announced today that they will be taking over the helm of the Coralville Marriott Hotel and Conference Center in Coralville, Iowa, starting August will be August 2021. This 286-room hotel, owned by the City of Coralville, will be renamed Hyatt Regency Coralville Hotel & Conference Center under the Hyatt Regency brand on the same date. After the brand change, the property will benefit from a gradual renovation that will focus on the Edgewater Grille restaurant and all hotel rooms.
“We are excited to work with Marcus Hotels & Resorts for the future of our hotel and conference center. Their experience, innovation and leadership in the hospitality industry, especially in the Midwest, will benefit the city and hotel guests. Their focus on individual hotel properties and communities sets them apart, ”said Kelly Hayworth, Coralville City Administrator.
Currently positioned under the Marriott brand, the landmark is located in the heart of the Iowa River Landing, a 180-acre mixed-use facility with more than 330,000 square feet of retail, office, residential, and entertainment space. Just 3 miles from the University of Iowa, recognized as one of the best public universities in the country, the hotel is one of the most desirable locations for travelers to host large meetings, events, exhibitions, and more.
“Marcus Hotels & Resorts is excited to expand its presence in Iowa, take over the management of this upscale full-service hotel and join the vibrant communities of Coralville and Iowa City,” said Michael Evans, president of Marcus Hotels & Resorts. “When you look at our portfolio of hotels, you can see how deep our Big Ten roots are, and we look forward to expanding those roots into Hawkeye Country and the wider Eastern Iowa region. We look forward to beginning a long and productive relationship with the City of Coralville and working with Hyatt to delight our guests and provide this market leading hotel with continued operational excellence. ”
The hotel has 57,588 square meters of state-of-the-art meeting and convention space, an exhibition hall for up to 3,000 people, two elegant ballrooms and 20 flexible breakout meeting rooms. The well-appointed hotel rooms and suites have exclusive beds, marble bathrooms, Wi-Fi and views of the Iowa River. Marcus Hotels & Resorts has particular expertise in restaurant and special event venue development and will work closely with hotel owners to consolidate the Hyatt Regency Coralville Hotel & Conference Center as a venue for visitors and locals alike.
“We’re excited to introduce the Hyatt Regency brand to the great state of Iowa and the many visitors to the vibrant Iowa City – Coralville Area and University of Iowa. Hyatt looks forward to working with the City of Coralville and Marcus Hotels & Resorts to create a hotel that meets the needs of travelers seeking seamless and engaging experiences, ”said David Tarr, Hyatt senior vice president of development.
For convenience, the term “Hyatt” is used in this press release to refer to Hyatt Hotels Corporation and / or one or more of its affiliates.
About Marcus Hotels & Resorts
With the Hyatt Regency Coralville Hotel & Conference Center will Marcus Hotels & Resorts owns and / or manages 19 hotels, resorts, and other properties in the United States. The company’s distinctive portfolio includes conference hotels in the city center, upscale resorts, historic properties and first-class, independent first-class hotels. Marcus Hotels & Resorts is a licensed operator for all major brands of accommodation. Marcus Hotels & Resorts has been a leader in the hotel industry since 1962 and creates added value for hotel owners through his expertise in management, development and product repositioning. These include leading food and beverage brands such as Mason Street Grill, ChopHouse, Miller Time® Pub & Grill, and SafeHouse® Restaurants. For more information, please visit: http://media.marcushotels.com and follow the company Facebook and Twitter (@MarcusHotels).
About the Marcus Corporation
Headquartered in Milwaukee, The Marcus Corporation is a leader in the accommodation and entertainment industry with significant proprietary real estate. In addition to the accommodation department, the theater department, Marcus Theaters®, is the fourth largest theater chain in the United States and currently owns or operates 1,097 screens in 89 locations in 17 states under the Marcus Theaters, Movie Tavern® by Marcus and BistroPlex® brands. For more information, please visit the company’s website at www.marcuscorp.com.
About Hyatt Hotels Corporation
Hyatt Hotels Corporation, headquartered in Chicago, is a leading global hotel company with 20 leading brands. As of March 31, 2021, the company’s portfolio comprised more than 1,000 hotel, all-inclusive and wellness resort hotels in 68 countries on six continents. The company’s purpose of taking care of people so they can do their best shapes its business decisions and growth strategy, and aims to attract and retain top employees, build relationships with guests, and create value for shareholders. The company’s subsidiaries operate, manage, franchise, own, lease, develop, license or provide services to hotels, resorts, branded residences and vacation properties, including the Park Hyatt®, Miraval®, Grand Hyatt®, Alila®, Andaz®, The Unbound Collection by Hyatt®, Destination by Hyatt ™, Hyatt Regency®, Hyatt®, Hyatt Ziva ™, Hyatt Zilara ™, Thompson Hotels®, Hyatt Centric®, Caption by Hyatt, JdV by Hyatt ™, Hyatt House®, Hyatt Place® , tommie ™, UrCove and Hyatt Residence Club® and operates the World of Hyatt® loyalty program, which offers its valued members special benefits and exclusive experiences. For more information, please visit www.hyatt.com.
About Hyatt Regency
The Hyatt Regency brand prides itself on making travel hassle-free and successful. More than 200 conveniently located Hyatt Regency city and resort locations in more than 30 countries around the world serve as a meeting place for every occasion – from efficient, personal, exciting business meetings to exhilarating family vacations. The brand offers stress-free environments for seamless gatherings and empathetic service that anticipates guests’ needs. Hyatt Regency Hotels and Resorts are designed for productivity and peace of mind, with a full range of services and amenities, including space to work, work or relax; remarkable culinary experiences; technology-based collaboration opportunities; and knowledgeable meeting and event planners who can take care of every detail. For more information, please visit hyattregency.com. Follow @HyattRegency on Facebook, Twitter and Instagram, and tag photos with #HyattRegency.
