A venture managed by Wheeling-based investor Marsha Forsythe acquired the 285-key property at 1301 North State Parkway.

High-net worth investors recently struck a deal to pay $30.5 million for the historic Ambassador Chicago hotel.

which draws inspiration from the legendary vvrestaurant at the former Ambassador East Hotel. With a rich history rooted in Chicago's Jazz Age, Ambassador Chicago is the city's original boutique ...

(MENAFN- PR Newswire) With nearly a century of history, Ambassador Chicago has hosted hollywood legends, cultural icons, and world travelers. Under new ownership, the hotel will honor its storied ...

2025 /PRNewswire/ -- The Chicago Hotel Collection, a rapidly growing portfolio of independent boutique hotels, proudly announces the acquisition of the Ambassador Chicago, an iconic property in ...