The addition of the Chicago property is part of the company’s strategy to add substantially to its portfolio of hotels over the next five years. Loews Hotels & Resorts continues to seek hotel additions in gateway cities and resort destinations and anticipates announcing additional Loews properties in the coming months.
About Loews Hotels & Resorts
Headquartered in New York City, Loews Hotels & Resorts owns and/or operates 19 hotels and resorts in the U.S. and Canada including the newly acquired Loews Madison Hotel located in the heart of Washington at the epicenter of legendary D.C. landmarks and the Loews Boston Back Bay Hotel, one of Boston’s preeminent historic buildings, situated on the corner of Berkeley and Stuart Streets. Located in major city centers and resort destinations in North America from coast to coast, the Loews portfolio features one-of-a-kind properties that go beyond Four Diamond standards to delight guests with a supremely comfortable, uniquely local and vibrant travel experience. For reservations or more information about Loews Hotels & Resorts, call 1-800-23-LOEWS or visit:
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About DRW Trading Group
DRW Holdings was founded in 1992 by Donald R. Wilson, Jr., as a proprietary trading firm specializing in market-making. The firm has grown by empowering a team of exceptional individuals to identity and capture trading opportunities in the global markets by leveraging and integrating technology, risk management and quantitative research. Since its founding, Mr. Wilson has added 10 partners and currently has over 500 employees with headquarters in Chicago and offices in New York and London. DRW created its real estate Group in 2009 to take advantage of opportunistic investments when developers were unable to raise capital from lenders or traditional sources of financing. DRW is committed to making real estate a key component of its expanding portfolio of fundamental investments.