SOURCE: Wyndham Hotel Group

February 08, 2007 09:41 ET

Wyndham to Manage Glenview, Ill., Hotel for New Owner

PARSIPPANY, NJ -- (MARKET WIRE) -- February 8, 2007 -- Wyndham Hotel Management today announced that it has signed an agreement with Glenview Hotel Partners LLC to manage the 253-room Wyndham® Glenview Suites hotel in Glenview, Ill.

Wyndham Hotel Management, which was established in November 2005 to manage and oversee the daily operations of Wyndham Hotel Group's managed hotels, will provide the hotel with comprehensive operations, sales, marketing, revenue management and food and beverage support.

"We are very excited to have Glenview Hotel Partners join the world-class hotels in our upscale management portfolio," said Peter Strebel, Wyndham Hotels and Resorts president. "Each member of our veteran leadership team has an average of 28 years of expertise in hotel management operations or marketing. The Wyndham Glenview Suites is well-positioned to benefit greatly from their extensive breadth of knowledge and services."

Strebel added, "We are especially pleased to align with owners who have a vision for the brand that is consistent with the Wyndham Hotels and Resorts plan to offer guests innovative amenities, distinctive designs and functional spaces."

Eugene H. Dibble IV, chairman and chief executive officer of Madison Park Hotels & Development LLC, the majority principals who represent the Glenview property's new ownership, said, "Our ownership of the Wyndham Suites Glenview marks the beginning of a broader strategic relationship between Madison Park Hotels & Development and Wyndham Hotel Group.

"Our company is founded on the principle of Experiential Hospitality™, which focuses on providing guests a unique blend of services and an environment oriented to today's lifestyles," he said. "We believe this generation of travelers is looking for a lodging experience beyond a traditional hotel stay."

Dibble said the 12.4-acre site will be repositioned as "one of the premiere destination hotels in the Chicago region."

The Wyndham Glenview Suites at 1400 Milwaukee Ave. is an all-suites hotel featuring 30 meeting and event rooms totaling more than 12,000 square feet of meeting space. The property, situated across from a nature preserve, is seven miles north of Chicago O'Hare International airport and directly adjacent to ABT Electronics and Appliances, one of the country's foremost retailers. Also nearby are Six Flags Great America theme park, Chicago Botanical Gardens, Arlington International Race Track and numerous museums, theaters and restaurants.

Dibble has been invited to serve on the Wyndham Owner Advisory Council and share his insights about growing and enhancing the brand. Council members serve as a sounding board, helping brand leaders address issues and opportunities facing Wyndham hotels.

Madison Park Hotels & Development is a privately held, minority-owned hotel and development company established to partner with major franchise brands to develop upscale and limited service hotels primarily in urban markets.

Wyndham Hotels and Resorts, a subsidiary of Wyndham Worldwide (NYSE: WYN) based in Parsippany, N.J., offers upscale hotel and resort accommodations throughout the United States, Canada, Mexico and the Caribbean. All hotels are independently owned and either franchised or managed by Wyndham Hotels and Resorts or an affiliate.

EDITORS: Photos and logos can be downloaded from Log in under the user name "service" and the password "excellence." For more information about Wyndham Worldwide Corporation and its businesses, go to