Marcus Hotels & Resorts, a management company and division of The Marcus Corporation, will assume management of The Coralville Marriott Hotel & Conference Center in Coralville, Iowa, effective 18 August.
This 286-room hotel is owned by the City of Coralville, and will be rebranded under the Hyatt Regency brand as the Hyatt Regency Coralville Hotel & Conference Center.
After the brand transition, the property will undergo a phased renovation with focus on the Edgewater Grille restaurant and guest rooms.
City of Coralville city administrator Kelly Hayworth said: “We are excited to partner with Marcus Hotels & Resorts for the future of our hotel and conference center. Their experience, innovation, and leadership in hospitality, particularly in the Midwest, will be an asset to the City and to the hotel’s guests. Their focus on individual hotel properties and communities sets them apart.”
Presently under the Marriott brand, the property is located in the heart of the Iowa River Landing, a 180-acre mixed-use development with over 330,000ft2 of retail, office, residential and entertainment spaces.
Marcus Hotels & Resorts president Michael Evans said: “Marcus Hotels & Resorts is thrilled to grow its footprint into Iowa, assume management of this full-service upper upscale hotel and join the vibrant Coralville and Iowa City communities.
“When you look at our hotel portfolio you can see how deep our Big Ten roots run and we are excited to extend those roots into Hawkeye Country and the broader Eastern Iowa region. We are looking forward to the start of a long and productive relationship with the City of Coralville and to working with Hyatt to delight our guests and deliver continued operational excellence for this market leading hotel.”
The hotel features 57,588ft2 of meeting and convention space that is capable of hosting up to 3,000 people, two ballrooms and 20 breakout meeting spaces.
Marcus Hotels & Resorts will work closely with the hotel owners to bolster Hyatt Regency Coralville Hotel & Conference Center as the place to visit for guests.
Hyatt’s senior vice president of development David Tarr said: “We are thrilled to introduce the Hyatt Regency brand to the great state of Iowa and to the many visitors of the vibrant Iowa City – Coralville area and the University of Iowa. Hyatt looks forward to working with the City of Coralville and Marcus Hotels & Resorts to create a hotel that will meet the needs of travelers who seek seamless and energizing experiences.”