Hotel near University of Arizona re-establishes partnership with Marriott

Arizona Daily Star |

--Marriott Hotels has re-established its relationship with the Tucson University Park Hotel after a yearlong breakup, the company announced on .

The chain has entered a 20-year franchise agreement effective .

Last year, the hotel became independent after the original 20-year franchise agreement expired and the Marriott marquee was covered up.

The 250-room hotel, at 880 E. Second St. near the University of Arizona, opened in 1996. It is owned by Georgia-based Atrium Holdings,

The nine-story hotel sits on land owned by the Marshall Foundation that is leased to Atrium.

The temporary split happened because the owners were unable to get refinancing in the time frame set by Marriott, said Mark VanBuren, the hotel's general manager. Once that was resolved, the new agreement was reached.

"We are excited to be working with Marriott International once again as they have proven to be a trusted and valuable partner over the past two decades," VanBuren said.

In the next 18 months, improvements of between $15 and $20 million will be underway. Public spaces will be redone and guest rooms will be upgraded.

Already, the rocks and river features in the lobby have been removed.

The hotel will continue to operate during renovations, VanBuren said.

Having signed a new agreement, the hotel will once again be able to offer Marriott Rewards. Those business guests who depend on the rewards were the only dropoff the hotel saw during its independence, VanBuren said. But, university-related visitors kept business going.

"Our location is probably one of the best ones you could ever hope for," VanBuren said.

Marriott's newest Tucson hotel, AC Marriott, opened last year on Broadway and Fifth Avenue. Marriott has also announced it will add its Moxy Hotel to downtown Tucson, above the Depot Garage, just west of Hotel Congress.

Respond: Write a letter to the editor -- Write a guest opinion

Subscribe now for 99¢ per week

Contact reporter Gabriela Rico at grico@tucson.com.

___

(c)2018 The Arizona Daily Star (Tucson, Ariz.)

Visit The Arizona Daily Star (Tucson, Ariz.) at www.tucson.com

Distributed by Tribune Content Agency, LLC.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer

Comments

Emerging Growth

Radient Technologies Inc.

Radient Technologies Inc is engaged in research, development and commercialization of environmentally responsible technology for the extraction, isolation and purification of soluble products from a wide range of materials using…