Live Breaking News & Updates on North Shore Convention

The Hilton Orrington Hotel.
Reopening of the Hilton Orrington hotel in downtown Evanston, which was scheduled for today has been delayed, and there are now questions about the long-term ownership and operation of the property.
Like all hotels and motels, the 259-bed Orrington has been devastated by the coronavirus pandemic, due to the near-evaporation of business and leisure travel. The Orrington closed temporarily after Thanksgiving, with the reopening set for today.
However, a front desk representative tells “Evanston Now” the reopening has been pushed back to April, or perhaps late March. No specific date was given.
But there are now even larger questions about the Orrington’s future. According to financial analysts at Fitch Ratings’ CMBS group, the hotel’s income is not enough to pay the mortgage. “Current property-level cash flow is insufficient to cover the monthly mortgage payment,” the Fitch analysts say, “and th ....

United States , Michael Jacobson , Gina Speckman , Hilton Orrington , Chicago North Shore Convention , Midland Loan Services , Olshan Properties Of New York City , Visitors Bureau , Illinois Hotel , American Hotel , Hilton Hotel , Fitch Rating , Olshan Properties , New York , Evanston Now , North Shore Convention , Lodging Association , Payroll Protection Plan , ஒன்றுபட்டது மாநிலங்களில் , மைக்கேல் ஜாகோப்சன் , ஜினா ஸ்பெக்மேன் , ஹில்டன் ஓரிரிந்டொன் , சிகாகோ வடக்கு கரை மாநாடு , மிட்லாண்ட் கடன் சேவைகள் , ஒல்ஷஹன் ப்ராபர்டீஸ் ஆஃப் புதியது யார்க் நகரம் , பார்வையாளர்கள் பணியகம் ,