Hampton announces purchase of Lincoln Holiday Inn Express
Send a link to a friend
[January 04, 2014]
Champaign Hotel Ventures, current owner
and operator of the award-winning Hampton Inn – Lincoln, has
announced the acquisition of the Holiday Inn Express of Lincoln. The
Holiday Inn Express offers 69 guest rooms/suites and employs
approximately 20 full- and part-time associates. Part of
InterContinental Hotel Group, the Holiday Inn Express offers an
indoor, heated swimming pool, fitness center, hotelwide WiFi, a full
hot breakfast and large meeting space.
Damon Priddy, general manager of Hampton Inn – Lincoln, will manage both Lincoln
"We truly value the support we have received from the Lincoln and
Logan County community!" Priddy said. "We look forward to future plans for
improvement to the property and offering Lincoln and the surrounding area
another first-class property!"
Planned improvements include structural and cosmetic exterior repairs, guest
room renovations, extensive improvements to the indoor pool area, and much more.
More information regarding renovation plans will be released at a later date.
Rick McGraw, manager of Champaign Hotel Ventures LLC, based in Springfield,
said: "We are delighted to be acquiring this property, which will fit very
efficiently into our existing portfolio of quality midsized properties. The
Lincoln and Logan County area has proven to be a very supportive and growing
[to top of second column]
The purchase will increase the Hotel Ventures portfolio to nine
properties located in central Illinois, southern Indiana and St.
Charles, Mo. Hotel Ventures Management currently operates Hampton
Inn, Holiday Inn Express, Baymont and Wingate by Wyndam brands, as
well as a boutique independent hotel.
Management news release]