The Hilton Chicago/Oak Brook Hills Resort

Investment Summary

This 386-room property, a major meeting and golf destination in the Chicago suburbs, was running less than 70% RevPAR index with an annual occupancy of under 50% as a non-branded hotel when acquired by the company.

Strategy

  • Re-positioned the property as a Hilton
  • Built effective sales and revenue management efforts
  • Maximized golf revenue opportunities
  • Substantially upgraded food and beverage product
  • Re-structured the hotel with a focus on profitability

Table Notes

  • 386 guest rooms
  • 150-acre estate
  • 42,000 sq. ft. of meeting space
  • 18 Hole Willow Crest Golf Club
  • IACC Certified Event Space

Execution Overview

Within just six short months and prior to the start of major planned renovations, the hotel was already delivering a RevPAR index of 100% and greater, well on its way to achieving a one year target of 110%+.