The conversion will take place next month. Starwood Hotels & Resort is a New York-based chain with 750 properties, including the Westin and Sheraton chains. The upscale 565-room convention hotel, considered by many a flagship hotel in the Minnetonka-based Radisson Hotel chain, is the Twin Cities' third largest , located on the northwest corner of I-494 and Minnesota 100.
The Sheraton Bloomington will be LaSalle's second hotel rebranded and managed by Starwood. Last July, LaSalle selected Starwood to manage its 407-room Dallas hotel as a Westin.
"We were impressed with how Starwood handled the conversion of our Dallas hotel to a Westin," notes Michael Barnello, COO for LaSalle Hotel Properties. With the addition of the Sheraton Bloomington, Starwood will have a total of four properties located in the Twin Cities metropolitan area under its Sheraton and Four Points by Sheraton brands.
The hotel was built by Radisson founder Curt Carlson in 1970, his first step toward building a nationwide hotel empire. The hotel has operated as a Radisson ever since it opened, even after it was sold for about $32 million eight years ago to LaSalle Hotel Properties.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
