Chesapeake Lodging Trust Announces Hotel Adagio San Francisco to Join Autograph Collection, Part of the Marriott International, Inc. Global Portfolio
Chesapeake Lodging Trust (NYSE:CHSP) (the “Trust”) announced today that
it has entered into an agreement with Marriott International, Inc.
(NYSE:MAR) with plans for its iconic Hotel
Adagio San Francisco to join Autograph Collection, Marriott
International’s global collection of independent hotels.
Following the Trust’s multi-million dollar renovation at the Hotel
Adagio San Francisco, which included the transformation of each of the
hotel’s 171 guestrooms, penthouse suites and public spaces, expansion of
the meeting and event space, and creation of a newly concepted
restaurant and lobby bar, the Trust is partnering with Autograph
Collection to fully reposition the iconic hotel within the market.
“San Francisco is one of the most exciting destinations in the world.
With our coveted location in Union Square and notable reputation, Hotel
Adagio San Francisco is poised to offer the very best to those traveling
to San Francisco for business or leisure,” said James L. Francis,
President and Chief Executive Officer of Chesapeake Lodging Trust. “By
joining forces with Autograph Collection, it allows us to tap into one
of the industry’s strongest global reservation systems while being
included with more than 40 uniquely independent hotels worldwide.”
The Trust is in the process of completing minor brand upgrades that will
allow for the seamless interface into the Marriott International global
reservation and service systems, and anticipates completion of this
process within the next 60 days. “We are thrilled to bring our second
Autograph Collection hotel into the portfolio,” continued Mr. Francis.
“Beginning in April, guests will enjoy the many benefits of staying with
an Autograph Collection hotel, including the opportunity to earn
Marriott Rewards points for their stay at Hotel Adagio San Francisco.”
ABOUT HOTEL ADAGIO SAN FRANCISCO
Located in San Francisco’s vibrant Union Square cultural district, Hotel
Adagio San Francisco combines Spanish Colonial Revival architecture with
a clean and contemporary design aesthetic, sophisticated nightlife and
impeccable guest service. Amenities include 171 guestrooms, three
distinct penthouse-level suites, 8,600 square feet of meeting and event
space, and a lobby-level bar and restaurant. Hotel Adagio San Francisco,
managed by Southern California-based Evolution Hospitality, is located
at 550 Geary Street in San Francisco, California. For reservations,
please call 800-228-8830 or visit the hotel’s website at www.HotelAdagioSF.com.
ABOUT CHESAPEAKE LODGING TRUST
Chesapeake Lodging Trust is a self-advised lodging real estate
investment trust (REIT) focused on investments primarily in
upper-upscale hotels in major business and convention markets and, on a
selective basis, premium select-service hotels in urban settings or
unique locations in the United States. The Trust owns 15 hotels with an
aggregate of 4,722 rooms in seven states and the District of Columbia.
Additional information can be found on the Trust’s website at www.chesapeakelodgingtrust.com.
