Jul
09

Trump Towers Over North American Hotels

July 09, 2010

You would think that the top hotels in the country would include sandy beaches and great year-round weather, but it was a newcomer from Chicago that grabbed a top spot in Travel and Leisure’s 2010 World’s Best Awards.

In fact, three of the top four best hotels in the country are located in Chicago.

The Trump International Hotel and Tower Chicago has been named the No. 1 hotel by Travel and Leisure’s Top 50 Large-City Hotels in U.S. and Canada survey.

The Trump International Hotel & Tower Chicago

The 92-story Trump Hotel, at 401 N. Wabash, Chicago, is the second tallest building in the country behind Chicago’s Willis Tower and is situated on the old site of the Chicago Sun-Times, where I used to work, by the way.

It has 339 hotel, suites and Spa rooms with floor-to-ceiling windows that offer breathtaking lake, river and city views.

The hotel’s amenities include 24-hour in-room dining, a state-of-the-art fitness center, valet indoor parking, babysitting services, a custom-stocked mini bar based on preferences and a 23,000-square-foot spa.

Upon request you can get personalized stationary and business cards, an in-room computer and overnight laundry and dry cleaning.

There is a fine-dining restaurant on site called Sixteen, a cool cocktail lounge called Rebar and a seasonal outdoor terrace that serves American cuisine called the Terrace at Trump.

And, if you love your room, buy one! Trump Tower offers 486 luxury condominiums within the building: Hotel rooms are on floors 14-27; condos are on floors 29 to 89.

Trump

What a view!

The Tower reportedly cost developer Donald Trump $850 million, and he hasn’t sold enough condos to pay back his loans. He has been involved in a legal dispute with his lenders — there are more than 20 of them — and a deal is currently being worked out to give Trump more time to pay off his $200 million in overdue loan payments.

Part of the problem with sales is that buyers can’t get a mortgage from lenders Fannie Mae or Freddie Mac because the government-run companies won’t back mortgages on condo units located in a building with hotel units.

This is only the second year of existence for the Trump Hotel, which was also ranked No. 20 in Travel and Leisure’s World’s Best Hotels 2010 list.

Back to the Top 50 Large-City Hotels, which are hotels with more than 100 rooms. Here’s this year’s partial list that includes Chicago hotels and their previous rankings:

1. Trump International Hotel & Tower, Chicago

2. The Peninsula, Chicago (ranked No. 7 in 2009)

3. Rosewood Mansion on Turtle Creek, Dallas (No. 5)

4. Sutton Place Hotel, Chicago (not previously ranked)

5. Ritz-Carlton New York, Central Park (No. 12)

6. The Peninsula, Beverly Hills (No. 10)

7. Four Seasons Hotel, Chicago (No. 14)

27. Ritz-Carlton, a Four Seasons Hotel, Chicago (dropped from No. 19 in 2009)

43. Sofitel Chicago Water Tower (not previously ranked)

Travel & Leisure has been polling its readers for 15 years on the top hotels, destinations, airlines, cruises, outfitters and transportation companies in the world.

Wonder if the No. 1 ranking will help sales at Trump Tower.

About The Author

Tracey

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1 Comments

1

Fantastic news! thank for the infor, love to hear more

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