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Carlson to Buy Upscale Chicago Address for First U.S. Radisson Blu Location

Carlson Hotels Worldwide plans to buy 18 floors in downtown Chicago's distinctive, 81-story Aqua Tower to house the first U.S. location of its luxury Radisson Blu chain.


May 12, 2010

Carlson Hotels Worldwide plans to buy 18 floors in downtown Chicago’s distinctive, 81-story Aqua Tower to house the first U.S. location of its luxury Radisson Blu chain.

The top execs of three major luxury brands – Ritz-Carlton, Four Seasons and Starwood, which owns the St. Regis, W and Luxury Collection lines – have recently commented publicly that demand for luxury hotels is bouncing back faster than they predicted just a few months ago, thanks to an uptick in high-end business travellers.

The move comes less than three months since Carlson announced a $1.5 billion revamp of its Radisson chain. Most of the money will be spent giving North American properties a facelift and building some new locations in major U.S. cities.

For more info, visit USA Today’s site

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