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Oxford Capital Adds Thompson Chicago to Hotel Portfolio
Oxford Capital Group, LLC has acquired the 247-key, luxury lifestyle hotel Thompson Chicago, located in downtown’s Gold Coast neighborhood, for an undisclosed sum. Oxford Capital Group’s wholly owned affiliate, Oxford Hotels & Resorts, LLC, also takes over management of the property, effective immediately.
Thompson Chicago joins Oxford’s growing national lifestyle hotel portfolio, which includes Godfrey Hotels in Chicago, Boston, Tampa, and Hollywood; LondonHouse; Hotel Julian; Le Méridien Essex Chicago; Hotel Griffon; Hotel Vertigo; and others.
Thompson Chicago, which will remain affiliated with Hyatt’s luxury lifestyle hotel brand, Thompson Hotels, initially opened its doors in 2013.
“We believe the timing of this transaction coinciding with Chicago’s post-pandemic recovery progress is auspicious,” said Oxford Capital CEO John W. Rutledge. “We are also sanguine that our national experience, as well as our longstanding history in Chicago and its various submarkets, will position Oxford and its investors for a successful outcome.”
- ◦Sale/Acquisition
