News

The 133-room hotel enhances the mixed-used, urban development with upscale hospitality 

COVINGTON, Ky. (February 20, 2025) – Corporex and Commonwealth Hotels are proud to announce the opening of the highly anticipated Homewood Suites by Hilton Newport Cincinnati at Ovation, a 25-acre, mixed-use urban development located at the confluence of the Ohio and Licking Rivers in Northern Kentucky. This milestone represents an exciting step in the transformation of the riverfront development and solidifies Ovation’s position as a premier destination in the Greater Cincinnati area.  

Corporex is the master developer of the monumental mixed-use development, while Commonwealth Hotels, a trusted name in hospitality, will oversee and manage operations on the new innovative hotel to ensure an exceptional guest experience.  

“We are excited to welcome guests to this remarkable property and bring the renowned Hilton service to a prime location,” said Jennifer Porter, President at Commonwealth Hotels. “Homewood Suites by Hilton Newport Cincinnati will serve as a gateway for visitors exploring everything Ovation and the Northern Kentucky and Cincinnati region have to offer. With its proximity to MegaCorp Pavilion, downtown Cincinnati and the homes to two of our city’s major league teams, this hotel is perfectly positioned to serve leisure and business travelers, including their pets, as well as event attendees alike.” 

The Homewood Suites by Hilton Newport Cincinnati design combines comfort and functionality, offering spacious suites with fully equipped kitchens ideal for extended stays, along with a range of modern amenities to meet the needs of today’s travelers. The 133 well-appointed suites include a mix of 30 king studios with sofa beds, 77 king efficiency suites, and 26 queen studios with select options offering mobility-accessible tubs, roll-in showers, or hearing-accessible features to accommodate guest needs.  

Providing convenience and the comforts of home, guests can also enjoy free hot breakfast every morning and a complimentary evening reception every Wednesday. Guests will also have access to “The Tap Wall” from 1 – 11 p.m. daily, which allows them to enjoy self-served beverages of their choice on tap with a prepaid card they can access at the front desk. There will be 6 beers and a red or white wine available to choose from. Other onsite amenities including 24/7 access to a fitness center and guest laundry room, EV charging stations, and two distinct bar experiences – a stylish plaza-level bar and a future rooftop bar with breathtaking views of the Cincinnati skyline. There is also potential for these bars to be operated by third-party partners, further adding to their appeal.  

 “The opening of Homewood Suites Newport Cincinnati underscores Corporex’s commitment to creating exceptional spaces that bring people together,” said Brett Blackwell, President and COO at Corporex. “This hotel adds valuable, upscale amenities for residents, visitors, and employees at Ovation. With several large-scale events on the horizon—such as Reds Opening Day, Oktoberfest, and River Roots—we’re excited to showcase all that Ovation offers as a vibrant destination in our riverfront region.” 

The project was brought to life through a creative financing model that blended traditional and equity-sourced funding. The involvement of third-party investors highlights the collaborative approach that has defined the success of this project.  

Ovation is a nearly 25-acre, five-city block equivalent urban, mixed-use development along the confluence of the Ohio and Licking Rivers in Northern Kentucky. The community is host to a world-class music venue, state-of-the-art office buildings, residential options, hotels and open spaces. Once complete, Ovation will be an iconic regional destination, offering unique public artworks, restaurants, bars, and experiences to visitors, connecting residents and the community directly to the rivers with an unbeatable view of the Cincinnati skyline. Corporex, a privately held investment firm located in Covington, Ky. focused on investing in real estate, hospitality, sports and fitness, and capital markets, is the master developer of Ovation. 

Commonwealth Hotels is celebrating more than 35 years in business. With a portfolio of more than 50 hotels and 6,000 guestrooms, Commonwealth ranks among the largest hotel managers in the country. The company operates full-service and select-service properties for Marriott, Hilton, Hyatt and IHG brands across the US and consistently outperforms industry benchmarks for revenue and profitability in its managed portfolio.  

To learn more about Commonwealth Hotels, visit commonwealthhotels.com. To read more about Homewood Suites by Hilton Newport Cincinnati, visit homewood-suites-newport-cincinnati.com. To book a room, click here. 

For more information about Corporex and the organization’s portfolio of businesses and investments, including Ovation, visit corporex.com.  

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About Corporex
Corporex Companies is a national, privately held investment and development firm based in Covington, Kentucky. Corporex has a 60-year history of developing world-class hotels, Class A offices, luxury residential and mixed-use developments in over 22+ states across the U.S. The company has more than $1B in assets under management, has built over 25M square feet, and generously invested in communities with more than $3.2M in corporate and foundation giving in 2024. Today, the company remains one of the leading privately held, vertically integrated owner/operators of commercial real estate in the country. Learn more at Corporex.com.  

About Ovation
Ovation is a 25-acre, urban, mixed-use development that sits along the confluence of the Ohio and Licking Rivers in Northern Kentucky. The development offers accessibility, convenience, and connectivity to a world-class music venue, state-of-the-art office buildings, residential options, hotels, open green spaces, and unique restaurants, bars, and experiences. Once complete, Ovation will bridge cities in the region, connect residents and the community directly to the rivers, and offer incredible river views combined with a boardwalk that transcends time and activates all your senses. To learn more visit ovationontheriver.com.  

About Commonwealth Hotels
Commonwealth Hotels was founded in 1986 and is a proven partner in providing hotel management services with superior financial results. The company has extensive experience managing premium branded full-service and select-service hotels. Additional information may be found at commonwealthhotels.com. 

 About Homewood Suites by Hilton
Homewood Suites by Hilton, Hilton’s upscale, award-winning, all-suite extended-stay hotel brand, has more than 540 pet-friendly locations across the U.S., Mexico, Canada and the Caribbean, with more than 150 properties in the pipeline. When traveling for extended or quick overnight stays, Homewood Suites offers inviting, spacious suites featuring separate living and sleeping areas, and fully equipped kitchens with full-size refrigerators for guests seeking home-like accommodations and value-driven amenities, including free hot breakfast and weekly Welcome Home Wednesday evening reception. Homewood Suites by Hilton is focused on guest satisfaction and stands behind each stay with its 100% Suite Assurance® guarantee. Experience a positive stay at Homewood Suites by Hilton by booking at homewoodsuites.com or through the industry-leading Hilton Honors app. Hilton Honors members who book directly through preferred Hilton channels have access to instant benefits. Learn more about Homewood Suites by Hilton at stories.hilton.com/homewoodsuites, and follow the brand on Facebook and Instagram.