MINNEAPOLIS, Feb. 3, 2004 - CSM Lodging announced
the acquisition of the Residence Inn Minneapolis - Eden Prairie on Friday,
January 30, making it the 27th Marriott hotel owned and operated by Minneapolis
based CSM Lodging, under a franchise agreement with Marriott International,
Inc.
The 126-room Residence Inn Minneapolis
- Eden Prairie is located at 7780 Flying Cloud Drive in Eden Prairie, MN
and is situated on the Northeast side of Interstate 494 and Highway 212.
This residential-style hotel is designed primarily for extended-stay business
travelers. The Eden Prairie Residence Inn will complement the two existing
CSM hotels in that market.
"The addition of this hotel to the |
Residence Inn Minneapolis - Eden Prairie
7780 Flying Cloud Drive
Eden Prairie, Minnesota
|
CSM family complements our current portfolio. We anticipate acquiring
several hotels this year, not only in our base here in Minneapolis but
in other markets, as well. Our plan is to completely renovate the
suites and public space and update the technology to meet the needs of
the current business traveler," said Robin Kirk, President of CSM Lodging.
"This includes high-speed Internet access in every suite as well as a state-of-the-art
business center."
CSM Lodging is a division of CSM Corporation which owns and operates
Marriott, Hilton and Country Inn Hotels and currently has 32 hotels across
the United States.
CSM Corporation, founded in 1976, is headquartered in Minneapolis, Minnesota.
CSM Corporation has engaged in the acquisition, development, leasing, management,
and ownership of quality real estate assets. The extensive portfolio includes
retail, industrial, multi-family residential, and hotel properties across
the continental United States. CSM Lodging has been recognized as
Marriott's "Developer of the Year" for their contribution to the tremendous
growth and increase in market presence of limited service Marriott hotels.
Residence Inn, with more than 440 hotels in the United States, Canada
and Mexico, is a division of Marriott International, Inc., a leading worldwide
hospitality company with over 2,600 lodging properties in the United States
and 68 other countries and territories.
The mission of CSM Lodging is to develop and manage the finest hotels
through an association with the best brands, and to continuously deliver
outstanding guest service. |