Hospitality N Illinois
Hyatt Regency Deerfield completes phase one of multi-million dollar renovation

Hyatt Regency Deerfield completes phase one of multi-million dollar renovation

Hyatt Regency Deerfield, a luxury, full-service hotel is once again open following the completion of the first phase a multi-million dollar, full-scale renovation. The first phase included the $14 million complete redo of the property’s 300 guest rooms and suites. Phase two, which is slated to begin first quarter of 2020, will update meeting spaces, common areas, the lobby and the property’s restaurant and bar, Jaxx Bistro and Jaxx Lounge.  

Hospitality N Illinois
Matt Mering;Waterton

Waterton hires hospitality specialist

Waterton, a Chicago-based real estate investor and operator, has hired Matt Mering as executive vice president, hospitality. Mering will be responsible for the formulation and execution of Waterton’s hotel investment strategy, oversight of asset management and further developing investor relationships.

Hospitality N Illinois
Thomas Prins

Thomas Prins joins Hostmark Hospitality as minority partner

Thomas Prins, principal of TQP Capital Partners, a hotel real estate private equity firm focused on value-add and opportunistic investments, has joined Schaumburg, Illinois-based Hostmark Hospitality Group, a leading third-party hotel management company, as a minority partner. In his new role, Prins will be responsible for new business development on behalf of Hostmark and TQP Capital Partners.