Skip to content

Search

Latest Stories

NexGen opens TownPlace Suites in Chicago area

The 96-suite hotel is near Six Flags, Naval Station Great Lakes

NexGen opens TownPlace Suites in Chicago area

The 96-suite TownePlace Suites by Marriott Chicago Waukegan/Gurnee in Waukegan, Illinois, opened Aug. 23. It is owned by NexGen Hotels led by Chris Patel as president. It is near Six Flags Great American Amusement Park, Gurnee Mills Mall, Naval Station Great Lakes, and numerous shopping dining and entertainment options.

“We are delighted to welcome guests to the newest extended-stay hotel in the Chicago market and debut the amenities and services that we have to offer,” Patel said. “The TownePlace Suites by Marriott is an excellent addition to our growing portfolio of top-tier brands.”


With studio, one-bedroom and two-bedroom suites with fully equipped kitchens, the TownePlace Suites is an extended-stay hotel. The appliances are stainless steel and the countertops are granite.

Each suite also has separate living/working and sleeping areas, as well as custom closet units from The Container Store, built-in shelves and lighting and large flat screen televisions. Other hotel amenities include a meeting room, a breakfast buffet, an indoor swimming pool and a fitness center. It also has an outdoor patio complete with Weber grills.

In June, NexGen acquired the recently renovated Four Points by Sheraton Cleveland Airport in Cleveland, Ohio. It was the 11th property in the portfolio for NexGen

More for you

H-2B visa hospitality impact

Study: H-2B visas boost U.S. jobs and wages

Summary:

  • The H-2B visa program protects U.S. jobs and wages, according to AHLA citing a study.
  • It allows hotels and resorts to meet travelers’ needs while supporting the economy.
  • It provides foreign workers for seasonal jobs when domestic workers are unavailable.

THE H-2B VISA program does not harm U.S. jobs or wages but increases pay and supports the labor force, according to an Edgeworth Economics study. Citing that study, the American Hotel & Lodging Association said the program enables hotels and resorts to meet travelers’ needs while supporting the workforce and economy.

Keep ReadingShow less
American Franchise Act announced in U.S. Congress to protect hotel franchising and jobs

House unveils act to boost franchise business

Summary:

  • House introduces AFA to boost franchise model and hotel operations.
  • The act establishes a joint employer standard.
  • AHLA backs the bill, urging swift adoption.

THE HOUSE Of Representatives introduced the American Franchise Act, aimed at supporting the U.S. franchising sector, including 36,000 franchised hotels and 3 million workers nationwide. The American Hotel & Lodging Association, backed the bill, urging swift adoption to boost the franchise model and clarify joint employer standards.

Keep ReadingShow less
Noble Investment Group Mobile Alabama

Noble breaks ground on StudioRes in Mobile, AL

Summary:

  • Noble broke ground on StudioRes Mobile Alabama at McGowin Park.
  • The 10th StudioRes expands Noble’s long-term accommodations platform.
  • Noble recently acquired 16 WoodSpring Suites properties through two portfolio transactions.

NOBLE INVESTMENT GROUP broke ground on StudioRes Mobile Alabama at McGowin Park, a retail center in Mobile, Alabama. It is Noble’s 10th property under Marriott International’s extended stay StudioRes brand.

Keep ReadingShow less
The Boxer Boston hotel sold by Hersha Hotels to Eurostars Hotels for $23.6 million
Photo Credit: The Boxer Boston

Hersha sells ‘Boxer Boston’ to Eurostars

Summary:

  • Hersha Hotels & Resorts sold The Boxer Boston to Eurostars Hotels.
  • The company acquired the property in 2012 for $12.6 million.
  • The property now sold for $23.6 million.

HERSHA HOTELS & RESORTS sold The Boxer Boston, an 80-room hotel in Boston’s West End, to Eurostars Hotels, part of Spain’s Grupo Hotusa. The company, which reportedly acquired the property in 2012 for $12.6 million, received $23.6 million for it.

Keep ReadingShow less
Peachtree Group Inc. 5000 2025

Peachtree receives two recognitions

Summary:

  • Peachtree recognized by Inc. and the Atlanta Business Chronicle.
  • Named to the 2025 Inc. 5000 list for the third year.
  • Chronicle’s Pacesetter Awards recognize metro Atlanta’s fastest-growing companies.

PEACHTREE GROUP ENTERED the 2025 Inc. 5000 list for the third consecutive year. The company also won the Atlanta Business Chronicle Pacesetter Awards as one of the city’s fastest-growing private companies.

Keep ReadingShow less