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Elysian Hotel to Become a Waldorf

(November 2011) posted on Fri Nov 18, 2011 EST

Hilton, Zell buy Chicago site


The Elysian Hotel Chicago will become a Waldorf Astoria next year, after being acquired by a joint venture involving Hilton Worldwide (the parent company of Waldorf Astoria Hotels & Resorts), the Zell Credit Opportunities Fund and the hotel’s principals. Terms of the deal were not disclosed.

The hotel’s new ownership plans to rebrand the three-year-old hotel as the Waldorf Astoria Chicago on Feb. 1, 2012. The Elysian consists of a 188-key hotel, 51 luxury private residences, two restaurants, a spa and event/meeting rooms.

“We’re taking the best of the Elysian and bringing it into the world-class network of Waldorf Astoria,” said John T.A. Vanderslice, global head of luxury and lifestyle brands for Hilton Worldwide. “The Elysian’s well deserved reputation for anticipatory service and attention to detail, as well as its stunning design and outstanding amenities, reflect the discerning needs of today’s luxury guest, and are hallmarks of the Waldorf Astoria brand.”


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