Corporex, a national business development and investment firm based in Covington, has begun construction on the Homewood Suites by Hilton Newport Cincinnati, a 132-room hotel built above a 550-space parking deck at Ovation . The hotel is located next to the PromoWest Pavilion concert venue and across from a Class A office building.
The Homewood Suites is Hilton’s flagship, upscale, extended-stay brand, and this hotel will be built to Hilton’s recently updated design standards. Catering to both leisure and business travelers, Homewood guests can expect the extra space provided by guest rooms with separate sleeping and living areas, fully equipped kitchens and refrigerators. big size.
The hotel, located at 201 West 4th Newport, will also feature a plaza-level restaurant with a bar and rooftop bar that will overlook the unique views of the riverfront and Cincinnati skyline.
Additional amenities will include a fitness center, on-site laundry facilities, and access to the planned Ovation Members Club. This state-of-the-art health and wellness club will include a full-service spa, group exercise classes, locker rooms, meeting space, and floors dedicated to cardio and free weights, all nestled around a heated swimming pool on the roof terrace.
“We always knew that Ovation would be a project that would bring a lot of opportunity to the area – the PromoWest pavilion at Ovation alone will draw 350,000 to 400,000 fans to Northern Kentucky each year,” said Tom Banta, real estate director of Corporex. “The surrounding communities and businesses will benefit significantly from this increase in tourism. The construction of a hotel in the Ovation community provides concertgoers, business travelers and visitors to the community a place to connect with others, relax and rejuvenate during their stay.
Founded in 1986 and affiliated with Corporex shortly thereafter, Commonwealth Hotels celebrates 35 years in business. With a portfolio of approximately 50 hotels and 6,000 rooms, Commonwealth ranks among the largest hotel managers in the country.
The company operates full-service and select-service properties for the Marriott, Hilton, Hyatt and IHG brands across the United States and consistently outperforms industry benchmarks for revenue and profitability in its managed portfolio.
Ovation, a 25-acre mixed-use development, is located at the confluence of the Ohio and Licking Rivers with sweeping views of the Cincinnati skyline and surrounding bridges. When completed, Ovation will span 4.5 city blocks located on the banks of the Ohio in Northern Kentucky. The development will include over 1,000 residential units, restaurants, retail, hotels and offices.