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CHICAGO, Ill. (May 24, 2017) – Choice Hotels International, Inc. (NYSE: CHH), Crescent Hotels & Resorts, and Murphy Asset Management announced today the official opening of Chicago’s newest contemporary hotel, Cambria Chicago Loop - Theatre District, on Wednesday, May 24, 2017. Located above the historic Oriental Theatre at 32 W. Randolph, the hotel sits in the heart of Chicago’s vibrant Loop district, just steps away from endless lifestyle and entertainment options. A new upscale brand of the Choice Hotels International portfolio managed by Crescent Hotels & Resorts, Cambria Chicago Loop - Theatre District adds to the chain’s rapidly expanding Cambria roster, designed to appeal both business and leisure travelers.

“The Oriental Theatre is one of the city’s most iconic landmarks,” says Michael George, Founder, President and CEO of Crescent Hotels & Resorts. “We are honored to be able to preserve its cultural significance while also contributing to the city’s booming hotel scene.”

Built in 1926 by Chicago’s famed architects, Rapp and Rapp, 32 W. Randolph was originally constructed as a theatre and Masonic Temple. The theatre, occupying the majority of the building’s first seven stories, was originally designed as a 3,250-seat theatre presenting popular first-run movies and lavish stage shows, with the upper floors formerly used as office space.

Situated on the upper 19 floors of the 22 story building, Cambria Chicago Loop - Theatre District features 199 stylish guestrooms, two lavish suites- one of which boasts an enchanting 18 foot high cathedral window that is original to the building, a game room complete with pool tables, shuffleboard, foosball and TV’s for watching games, a fitness center, and 2,600 square feet of adaptable function space that can be separated into four state-of-the-art meeting rooms, allowing for ultimate flexibility. Amenities include AV capabilities, valet parking for all guests, and customizable menus to fit every budget.

Located within walking distance to many attractions the area offers, including the John Hancock Center, Skydeck Chicago and the Chicago Riverwalk, shopping and dining options are endless with the Cambria Chicago Loop- Theatre District’s proximity to State Street, the Magnificent Mile, Millennium Park and Block 37.  For more information on Cambria Chicago Loop- Theatre District or to make a reservation, visit www.cambriachicagoloop.com or call 312.994.1986.

About Crescent Hotels & Resorts

Crescent Hotels & Resorts is a nationally recognized, top-3 operator of hotels and resorts. Crescent currently operates over 100 hotels and resorts in 27 states in the US and 6 provinces in Canada. Crescent is one of the few elite management companies approved to operate upper-upscale and luxury hotels under the brand families of Marriott, Hilton, Starwood, Hyatt and IHG. Crescent also operates a collection of legendary independent hotels and resorts. Crescent’s clients are made up of hotel REITs, private equity firms and major developers. For more information, please visit www.chrco.com or connect with Crescent on LinkedIn.

Contact: Lianne Wiker Hedditch/Sarah Ficek

lianne@heronagency.com or sarah@heronagency.com / 773.969.5200

About Choice Hotels

Choice Hotels International, Inc. (NYSE: CHH) is one of the world's largest lodging companies. With more than 6,400 hotels franchised in more than 35 countries and territories, Choice Hotels International® represents more than 500,000 rooms around the globe. As of December 31, 2015, 720 hotels were in our development pipeline. Our company's Ascend Hotel Collection®, Cambria® hotels & suites, Comfort Inn®, Comfort Suites®, Sleep Inn®, Quality®, Clarion®, MainStay Suites®, Suburban Extended Stay Hotel®, Econo Lodge®, Rodeway Inn®, and Vacation Rentals by Choice Hotels™ brands provide a spectrum of lodging choices to meet guests' needs. With more than 25 million members and counting, our Choice Privileges® rewards program enhances every trip a guest takes, with benefits ranging from instant, every day rewards to exceptional experiences, starting right when they join. All hotels and vacation rentals are independently owned and operated. Visit us at www.choicehotels.com for more information.

About Murphy Asset Management

Murphy Asset Management, LLC focuses on generating development opportunities in the multifamily, hospitality and office sectors across the country. Through sound investment strategies and extensive due diligence, the dynamic development team at Murphy Asset Management identifies, evaluates and executes projects by combining sound financial modeling, economic analysis and entrepreneurial creativity. Murphy Asset Management more recent hotel developments include Hyatt Centric The Loop Chicago, Hampton Inn Chicago Motor Club, and the Holiday Inn Cleveland Clinic To learn more, visit www.murphyassetmanagement.com.

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