Great River Entertainment Invests in BurlingtonWritten by Theresa Rose on May 1, 2015
Spring 2015 will bring growth and expansion for Great River Entertainment, the owner and operator of Catfish Bend Casino and FunCity in the PZAZZ! Entertainment Complex in Burlington.
Gary Hoyer, Chief Executive Officer of Great River Entertainment announced today its purchase of the Fairfield Inn located at 1213 North Roosevelt, the Holiday Inn Express located at 1605 North Roosevelt, and the Comfort Suites located at 1780 Stonegate Drive. The Fairfield Inn is a Marriott Hotels franchise brand, Comfort Suites is a member of the Choice Hotels franchise family, and the Holiday Inn Express is part of the InterContinental Hotels Group, all respected national hotel industry franchise leaders. Great River Entertainment is purchasing the three hotels from Hawkeye Hotels owner Bob Patel.
“Keeping local hotels under local ownership is important to our community and knowing Great River Entertainment will be the new owners of hotels I have been proud to own and operate for 25 years in Burlington gives me great satisfaction,” said Bob Patel. “On behalf of my wife, Angie, and our children, Sajni, Ravi, and Raj, I want to express our sincere thanks to the Burlington community for supporting our businesses over the years.” Founded in 1982 with one roadside hotel in Mena, Arkansas, Hawkeye Hotels owns and operates hotels in several states. Bob and Angie Patel founded Hawkeye Hotels, which is in its second generation of family leadership where operational duties are shared by their three children: Ravi, Sajni, and Raj Patel.
“Acquisition of three local hotels brings another 223 rooms to our current catalogue of 185 rooms with 17 suites at the PZAZZ! Resort Hotel and Catfish Bend Inn & Spa. Great River Entertainment is committed to its Southeast Iowa roots. We have confidence in our local economy, the area business community, and visitors looking to experience our tremendous Burlington area attractions and hospitality,” said Hoyer. “This acquisition will establish a platform for future growth and opportunities to improve value to our investors and the communities we proudly serve.”
“Catfish Bend Casino and Fun City offers entertainment and recreational adventures for persons of every age, and increasingly attracts visitors from throughout the Midwest and the Greater Burlington area,” said Rob Higgins, Great River Entertainment General Manager. “We are committed to providing exceptional customer service and quality facilities throughout the many venues of PZAZZ! Entertainment Complex. Burlington is on a positive growth path, with several area industries expanding and adding jobs to our local economy. We are excited to be an active partner in that growth and contribute to the prosperity of our community for years to come.”