New owners plan to transform Eugene Hilton hotel into Graduate Eugene
EUGENE, Ore. - A Chicago-based hospitality company will transform the Eugene Hilton into Graduate Eugene, part of "a well-curated, thoughtfully crafted collection of hotels that reside in the most dynamic university-anchored cities across the country."
That's the word from Adventurous Journeys Capital Partners, the new owner of the 12-story, 275-room hotel.
The Hilton sits in the heart of downtown adjacent to the Hult Center and walking distance to the University of Oregon campus and sports venues like Autzen Stadium, Matthew Knight Arena and Hayward Field.
The hotel will remain the Hilton through the end of 2018, the new owners said in a statement.
The hotel will remain open during renovations. Work on the Graduate Eugene is expected to be complete by summer 2019.
"It is with great pleasure that we announce the acquisition of the Hilton Eugene,” says Tim Franzen, president of Graduate Hotels. “This is a perfect example of our strategy of investing in hotels located in the hearts of truly unique and multidimensional university-anchored markets from coast to coast. We look forward to introducing Graduate Eugene, and our signature style of hospitality, to the Eugene and University of Oregon communities next summer.”
Graduate Hotels has 11 open and operating hotels across the U.S. and an additional 7 hotels under development and set to open by 2020.
Existing locations include Berkeley, California; Tempe, Arizona; Madison, Wisconsin; Iowa City, Iowa; Ann Arbor, Michigan; Lincoln, Nebraska; Athens, Georgia; and other university towns. Future locations include Seattle, Washington, and Palo Alto, California.