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Hotel Lotte is acquiring Kimpton Hotel Monaco Chicago in the US

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South Korea-Based Lotte Group Identified As Buyer Of Loop Hotel

South Korea-Based Lotte Group Identified As Buyer Of Loop Hotel
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Korea s Lotte Group buying Kimpton Hotel Monaco Chicago in Loop

The Kimpton Hotel Monaco Chicago is likely to be rebranded by South Korean conglomerate Lotte Group, which is trying to build its name in the U.S. hotel market.

Kimpton Hotel Monaco Chicago in the Loop selling for $36 million

The pending sale of the Kimpton Hotel Monaco Chicago reflects the risk buyers see in betting on downtown's post-COVID comeback.

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