Company Profile

MCR Hotels is a hotel owner headquartered in New York, New York, and one of the largest hotel owner-operators in the United States. The company's current portfolio includes more than 131 open properties totaling at least 20,894 rooms. The portfolio is anchored by its upscale holdings, which account for at least 74 properties and roughly 9,776 rooms. MCR Hotels also owns or operates more than 48 upper midscale properties and at least 9 upper upscale hotels. Notable holdings include the Sheraton New York Times Square Hotel, one of the largest properties in the portfolio at 1,780 rooms.

MCR Hotels' geographic footprint is extensive, spanning more than 31 states. Houston, Texas, and Miami, Florida, are among the company's primary markets. The firm also serves as developer and manager on select projects within its portfolio. Among the development projects tracked by Lodging Development, MCR Hotels has at least 3 upscale properties in active development totaling approximately 1,215 rooms, including the Miami Blue Lagoon Hotel North and Miami Blue Lagoon Hotel South, both in Miami, Florida. An additional luxury property, the 197-room Gramercy Park Hotel in New York, is currently in preopening and approaching delivery.