CHICAGO—Arbor Lodging Partners, a fully integrated owner and operator of hotels, has acquired, through an affiliate, the historic Hotel Phillips in downtown Kansas City, MO, a 217-room full-service hotel and popular events venue. The Marcus Corporation owned and managed the hotel for the past 14 years.
NVN Hotels, an affiliate of Arbor, will manage the hotel as Arbor oversees a significant renovation and revival of the property. Upon renovation, the hotel will join the Curio Collection by Hilton.
The art-deco hotel in downtown Kansas City originally opened in 1931 and, since that time, has consistently hosted key business and society events. Listed on the National Registry of Historic Places since 1979, the hotel has hosted celebrities such as Tina Turner and John Barrymore. It is nearby attractions such as the Power & Light District; the neighboring Sprint Center; and the Kansas City Convention Center.
The hotel offers approximately 11,000 sq. ft. of flexible meeting and pre-function space, as well as 12 Baltimore restaurant and bar, which features food prepared by an award-winning chef and live music three nights a week. The renovation will add programming to underscore the hotel as a unique local destination, according to Arbor Lodging.
“We are launching our renovation of this beautiful historic hotel immediately, to deliver a guest experience that takes advantage of all the amenities its downtown location has to offer, and contributes to the revival of the heart of Kansas City,” explainsed Vamsi Bonthala, CEO of Arbor Lodging Partners.
The transition of management is effective immediately.
“Our hotel platform is in expansion mode. We want our hotels to offer communal spaces to work and socialize; healthy, local selections of food; and for our guests to have an authentic and satisfying experience,” added Arbor Lodging Partners Principal Sheenal Patel, who is also CEO of NVN Hotels.
Jameson and Company of Downers Grove, Ill., in cooperation with HotelBrokerOne, assisted The Marcus Corporation in the transaction.