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The hotel later left the Hilton chain and reverted to its original name. On August 12, 1982, the hotel was added to the National Register of Historic Places. The Peoria City Council approved the final agreement with developer Gary Matthews to close the hotel for an extensive renovation and expansion into a full-service, upscale Marriott hotel.
He was the founder of the Marriott Corporation (which became Marriott International in 1993), the parent company of the world's largest hospitality, hotel chains, and food services companies. The Marriott company rose from a small root beer stand in Washington, D.C., in 1927 to a chain of family restaurants by 1932, to its first motel in 1957.
Kirkeby was the founder of the Kirkeby Hotel chain, beginning in Chicago with the Drake Hotel, and ending his hotel interests when he sold the Beverly Wilshire in Beverly Hills, California. After selling the hotel chain and its Chicago ties, he then invested in the Janss Investment Company development of Westwood, Los Angeles, California , in 1959.
EXPLORE MORE: Most food chains are failing this crucial test The deal joins Marriott's signature hotel courtyard and Ritz Carleton with Starwood's Sheraton, Westin, W and St. Regis properties.
Hilton started buying more hotels. By 1924, he built a new hotel in Dallas, the fourteen-story Dallas Hilton, which he completed for more than $1.3 million (or $23.3 million in 2024 dollars).
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The Hotel cost a rounded sum of $1,250,000 to build. The Hotel Baker was built with its own operating hydroelectric facility, the first-ever lighted dance floor of its kind, and there was a radio station established from the hotel's tower (which now exists as the "Penthouse Suite").
In 1980, Hotel St. Clair was renamed The Inn of Chicago after a $13 million renovation. Shell Hospitality Group reopened the hotel in February 1982 as part of the Best Western chain. In November 2006, the Chartres Lodging Group umbrella of hotels purchased the Inn of Chicago from Best Western for $40 million. [6]