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Press release content from Business Wire. The AP news staff was not involved in its creation.

Start Your Engines: MCR Acquires Two Hotels in Indianapolis, the Racing Capital of the World

May 7, 2019

NEW YORK--(BUSINESS WIRE)--May 7, 2019--Revved up about Indy! MCR, the sixth-largest hotel owner-operator in the United States, has acquired two hotels in the Racing Capital of the World, the 110-room Hampton Inn Indianapolis Northwest – Park 100 and the 78-room Residence Inn by Marriott Indianapolis Northwest.

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The Hampton Inn Indianapolis Northwest - Park 100. (Photo: Business Wire)

Both properties are less than 10 miles from the legendary Indianapolis Motor Speedway, home of the thrilling Indy 500 car race. Every Memorial Day weekend, the 33 greatest drivers in the sport go full throttle for 200 laps around a 2.5-mile oval circuit in a quest for glory — and the traditional bottle of cold milk that goes to the winner. The race is the world’s largest single-day sporting event, attracting up to 300,000 fans annually.

The 103 rd Indy 500 will take place on May 26 — and the excitement is building, says Morgan Snyder of the Visit Indy tourism bureau. “The energy is palpable for the most iconic race on the planet,” she says. “It’s a true bucket list experience, whether you’re a racing connoisseur or not.”

There’s plenty to do before (and after) the checkered flag drops. The Indianapolis Motor Speedway Museum features a collection of cars that have won the race over the years — including a 1911 Marman Wasp! — and other artifacts sure to appeal to gearheads of all ages. A new Mario Andretti exhibit commemorates the 50 th anniversary of the famed driver’s sole Indy 500 victory back in 1969.

If you’ve got little ones itching to take the wheel, zip over to the pedal car track at the Children’s Museum of Indianapolis — the largest kids’ museum in the world — and race as a family!

When it’s time to hit the brakes, both the Hampton Inn and Residence Inn make for the perfect pit stop. The hotels each offer complimentary hot breakfasts (and cold milk) so you can fuel up for your day. Put the pedal to the, er, treadmill at their 24-hour fitness centers or just head to the pool at either property for a — you guessed it — victory lap.

“There’s no better place for racing fans than our two new properties in Indianapolis,” says Tyler Morse, CEO and Managing Partner of MCR and MORSE Development. “No matter who wins the 500, every guest gets celebratory milk with their free breakfast.”

Just off I-465, the Hampton Inn Indianapolis Northwest – Park 100 is located at 5680 West 73 rd Street in Indianapolis and features:

  • 110 pet-friendly guestrooms and suites with mini-refrigerators, microwaves and coffeemakers
  • Complimentary hot breakfast
  • Free fast Wi-Fi
  • A 24-hour fitness center with cardio equipment and free weights
  • A 24-hour business center
  • A heated indoor pool
  • 800 square feet of meeting and event space for up to 45 people

Reserve rooms by phone at 317-290-6000 or online at Hilton.com.

The Residence Inn by Marriott Indianapolis Northwest is located at 6220 Digital Way in Indianapolis and features:

  • 78 pet-friendly suites with fully-equipped kitchens featuring full-size refrigerators, microwaves and coffeemakers
  • Complimentary hot breakfast and personal grocery service
  • Free fast Wi-Fi
  • An outdoor fire pit and BBQ area
  • A 24-hour fitness center with cardio equipment and free weights
  • A 24-hour business center
  • A heated indoor pool and whirlpool
  • A 24-hour convenience store
  • 288 square feet of meeting and event space for up to 20 people

Reserve rooms by phone at 317-275-6000 or online at Marriott.com.

About MCR

MCR is the sixth-largest hotel owner-operator in the United States with a $3.0 billion portfolio of 86 premium-branded hotels containing 12,000 guestrooms across 26 states and 65 cities. Founded in 2006 and headquartered in New York City and Dallas, the firm has 3,000 team members across the country and operates hotels under 11 Marriott and Hilton brands. MCR is a recipient of the Marriott Partnership Circle Award, the highest honor Marriott presents to its owner and franchise partners, as well as the Hilton 2017 Top Performer Award. For more information, please visit  mcrinvestors.com.

About MCR Hospitality Fund LP

The MCR Hospitality Fund LP targets investments in institutional-quality Marriott and Hilton select service and extended stay hotels throughout the country. The fund provides MCR with approximately $1 billion in buying power.

View source version on businesswire.com:https://www.businesswire.com/news/home/20190507005246/en/

CONTACT: info@mcrinvestors.com

(212) 277-5602

KEYWORD: UNITED STATES NORTH AMERICA NEW YORK

INDUSTRY KEYWORD: TRAVEL DESTINATIONS VACATION LODGING INTERIOR DESIGN LANDSCAPE CONSTRUCTION & PROPERTY COMMERCIAL BUILDING & REAL ESTATE

SOURCE: MCR

Copyright Business Wire 2019.

PUB: 05/07/2019 08:00 AM/DISC: 05/07/2019 08:00 AM

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