Marcus Hotels & Resorts, a division of The Marcus Corporation, announced that it, Hempel Real Estate and Robinson Park have closed on the acquisition of the Loews Minneapolis Hotel. The property will be managed by Marcus Hotels & Resorts and will be rebranded immediately as The Lofton Hotel under the Tapestry Collection by Hilton flag, making it the first Tapestry Collection hotel in Minnesota. The terms of the transaction were not disclosed.
Located in downtown Minneapolis, The Lofton Hotel is close to shopping and entertainment districts as well as premier sports destinations like the Target Center, which is connected to the hotel via skywalk, and Target Field. Business travelers can also easily connect to the business district and nearby office buildings using the famous Minneapolis Skyway System.
The full-service lifestyle property features 251 contemporary guest rooms and suites, and each room is equipped with amenities such as Keurig gourmet coffee makers
