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Stock impact report

Marcus Hotels & Resorts, Hempel Real Estate and Robinson Park Close Acquisition of Loews Minneapolis Hotel [Yahoo! Finance]

Marcus Corporation (The) (MCS) 
Last marcus corporation (the) earnings: 2/20 07:45 am Check Earnings Report
US:NYSE Investor Relations: investors.marcuscorp.com/node/5806
Company Research Source: Yahoo! Finance
MILWAUKEE, March 04, 2024 BUSINESS WIRE Marcus ® Hotels & Resorts , a nationally recognized owner and management company and division of The Marcus Corporation (NYSE: MCS), announced today 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, effective today, 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. "Since 1993, Marcus Hotels & Resorts has been invested in elevating the travel and leisure experience in Minneapolis, a city we greatly admire and appreciate," said Michael Evans, president of Marcus Hotels & Resorts. "The Lofton Hotel's chic design, incredible location, and ample amenities create a welcoming destination for travelers visiting the Twin Cities and experiencing all they have to offer. With The Lo Show less Read more
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