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NexGen acquires SpringHill Suites in Chicago

The 82-suite hotel will undergo full renovation in December

NexGen acquires SpringHill Suites in Chicago

NEXGEN HOTELS HAS acquired the SpringHill Suites by Marriott Chicago Bolingbrook in Chicago. The company, led by Chris Patel as principal, plans to fully renovate the hotel.

The 82-suite hotel is in Bolingbrook a suburb of Chicago, near Chicagoland Speedway, Harrah’s Casino, The Promenade at Bolingbrook, Pelican Harbor Indoor/Outdoor Aquatic Park, downtown Chicago and other shopping, dining and entertainment businesses.


Renovation work on the hotel will begin in December. The hotel’s amenities include an indoor swimming pool and a fitness center.

“When renovations are completed, we expect the hotel to appeal to travelers coming to the Chicago area seeking a well-known brand with modern amenities,” Patel said.

In December, The SpringHill Suites by Marriott San Diego Carlsbad opened in Carlsbad, California. It is owned and managed by DKN Hotels of Irvine, California, led by Kiran Dahya as CEO.

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U.S. Hotel Construction Pipeline Holds Steady in Q3

Report: U.S. hotel pipeline steady in Q3

Summary:

  • Pipeline steady at 6,205 projects and 728,416 rooms.
  • Extended-stay hotels represent 40 percent of projects.
  • Brand conversions hit a record 1,477 projects.

THE U.S. HOTEL construction pipeline held steady year-over-year in the third quarter, according to Lodging Econometrics. It comprises 6,205 projects with 728,416 rooms—unchanged in project count and up 1 percent in rooms from last year.

LE’s “Q3 2025 U.S. Hotel Construction Pipeline Trend Report” found that extended-stay hotels remain a key driver of development, representing 40 percent of projects and 34 percent of rooms.

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