Marcus Hotels & Resorts, together with Hempel Real Estate and Robinson Park, have finalised the acquisition of the Loews Minneapolis Hotel in the US.

The hotel will now be rebranded as The Lofton Hotel, joining the Tapestry Collection by Hilton. It will be managed by Marcus Hotels & Resorts.

This marks Tapestry Collection’s debut in Minnesota.

Financial details related to the deal were not made public.

Situated in the heart of downtown Minneapolis, The Lofton Hotel comprises 251 modern guest rooms and suites, each featuring design elements that reflect Minnesota's landscape.

The hotel is equipped with amenities, including more than 15,000ft² of event space, a business centre, and a fitness centre with equipment.

It is located near shopping, entertainment and sports venues, including Target Field, and provides expansive views of the city skyline.

Marcus Hotels & Resorts president Michael Evans said: “Since 1993, Marcus Hotels & Resorts has been invested in elevating the travel and leisure experience in Minneapolis, a city we greatly admire and appreciate.

“The Lofton Hotel’s chic design, incredible location, and ample amenities create a welcoming destination for travellers visiting the Twin Cities and experiencing all they have to offer.

“With The Lofton Hotel now part of the Tapestry Collection by Hilton platform, we look forward to welcoming our new associates to the Marcus Hotels & Resorts family and providing our guests with the high-quality service and experience for which Hilton and we are known.”

Furthermore, Jim Waldvogel has been appointed by Marcus Hotels & Resorts as the general manager of The Lofton Hotel. This is effective immediately.

With more than 30 years of hospitality experience, Waldvogel will also retain his role as the managing director and general manager of Marcus Hotels & Resorts’ Hilton Minneapolis/Bloomington property.

Evans added: “We are excited for Jim to assume leadership of The Lofton Hotel, a property we believe fits perfectly within our portfolio of premium branded and independent hotels.”

The Lofton Hotel is also part of the Hilton Honors programme, which offers guests exclusive benefits and contactless experiences through the Hilton Honors mobile app.

Last year, Hilton announced plans to launch its first Tapestry Collection property in Portrush, Northern Ireland.