The Guesthouse Hotel

What The Guesthouse Hotel does

The Guesthouse Hotel is a privately-held, 25-unit boutique hotel located at 4872 N Clark St in Chicago's Andersonville neighborhood, founded in 2008 by husband-and-wife team Dave and Simona Krug as the first property of Inherit Hotel Group. The property was converted from a building originally intended as luxury condominiums during the 2008 economic downturn. It offers one-, two-, and three-bedroom suite-only accommodations ranging from 650 to 1,800 square feet, every unit equipped with a full-size kitchen, separate bedrooms and living areas, in-suite washer/dryer, and a private balcony with gas grill. The hotel is 100% smoke-free and offers optional housekeeping, a rooftop deck, fitness room, wellness services, and pet-friendly and family amenities (cribs, high chairs, Pack-n-Plays).

The business operates a direct-to-consumer model with reservations handled through the hotel's website, a dedicated phone line, and email, supplemented by third-party OTA bookings (with warnings of cancellation fees) and a dedicated group reservation process for 5+ suites. Revenue is generated primarily from nightly and extended-stay suite rentals, with ancillary streams from $35/night reserved parking, event space rentals (Club Room and Library), afternoon tea service, and photography bookings. Pricing follows a unit-pricing model tiered by suite type, with a $250 check-in hold, blackout-date non-refundable deposits during Thanksgiving, Christmas, and New Year's, and a 17.4% Chicago Hotel and Occupancy Tax added on top of published rates. The property sits at the crossroads of Andersonville, Uptown, Lincoln Square, and Ravenswood, and has received editorial recognition from Condé Nast Traveler, Travel + Leisure, TripAdvisor, Chicago Reader, and Chicago Magazine.

The company has 23 employees and is led by General Manager Rick Verkler under the ownership of founders Dave and Simona Krug via Inherit Hotel Group, which has expanded to a second property, Colton House Hotel (80 suites) in Austin, Texas, with a third property, Rock Creek resort, referenced on the Guesthouse website. Distribution is supported by active social channels (Facebook, Instagram, YouTube), an email newsletter, TripAdvisor presence, and membership in three neighborhood Chambers of Commerce and the city tourism body Choose Chicago. No external institutional investment, funding rounds, or AI/ML capabilities are disclosed.

Name

The Guesthouse Hotel

Legal name

The Guesthouse Hotel

Website

https://theguesthousehotel.com

Company type

Private

Founded year

2008

Operating status

Operating

Headcount range

11–50 employees

Short description

The Guesthouse Hotel is a privately-held 25-unit all-suite boutique hotel in Chicago's Andersonville neighborhood, offering one-, two-, and three-bedroom residential-style suites with full kitchens and private balconies, serving leisure, business, family, and pet-friendly travelers via direct booking and select OTAs.

Ownership category

akta.pro rank

Product category

Boutique Hotel Accommodations

NAICS

Hotels (except Casino Hotels) and Motels (72111)

SIC

Hotels & Motels (7011), Hotels, Rooming Houses, Camps & Other Lodging Places (7000)

akta.pro primary industry

Suburban Full-Service Hotels (THAGAAAC)

Keywords

• Boutique hotel suites
• Extended stay lodging
• Apartment style suites
• Pet friendly hotel
• Hotel event hosting

Headquarters

HQ city

Chicago

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Supply Chain

Revenue model

1. Nightly Suite Rentals: Primary revenue from renting one-, two-, and three-bedroom suites on a nightly basis. Pricing varies by suite type and season.
2. Extended Stay Rentals: Longer-term suite rentals for guests staying five or more nights, offering discounted rates for extended durations.
3. Parking: $35 per night plus tax for reserved parking. Additional city and county parking taxes apply.
4. Event Space Rental: Event space available for private events, group reservations, afternoon tea, and photography bookings.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels8 records

Core offering

The Guesthouse Hotel is a 25-unit boutique hotel in Chicago's Andersonville neighborhood that rents one-, two-, and three-bedroom residential-style suites on a nightly and extended-stay basis. Every suite includes a full-size kitchen, private balcony with gas grill, in-suite washer/dryer, and separate living and sleeping areas. The hotel supplements its core accommodation business with paid parking, event space rentals, afternoon tea service, optional housekeeping, and group booking arrangements.

Product overview

The Guesthouse Hotel is a boutique hotel offering suite-based accommodations as its core product, featuring one-, two-, and three-bedroom fully equipped suites with full kitchens, private balconies, and washer/dryer units. The hotel operates on a modular service model where guests select from core accommodation types (ranging from 650 sq ft one-bedroom to 1,800 sq ft three-bedroom suites) and can add value-added services including extended stay programs, event space hosting, afternoon tea, group reservations, optional housekeeping, pet-friendly accommodations, kids amenities, rooftop deck access, fitness facilities, and reserved parking. The property is affiliated with Inherit Hotel Group and its sibling property, Colton House Hotel in Austin, Texas.

Differentiator

Problem solved

Functional benefit

Products and services

• One Bedroom Suite 650 sq ft suite with king-size bed, full kitchen, bathroom with glass shower, and private balcony; accommodates up to 2 guests.
• Two Bedroom Standard Suite 1,000 sq ft two-bedroom, two-bathroom suite with open gourmet kitchen, granite breakfast bar, private balcony with gas grill, and in-suite washer/dryer; accommodates up to 4 guests.
• Two Bedroom Deluxe Suite 1,200 sq ft two-bedroom, two-bathroom suite with granite breakfast bar and dining table, private balcony with gas grill; accommodates up to 4 guests with rollaway availability.
• Three Bedroom Suite 1,800 sq ft three-bedroom, two-bathroom suite with open gourmet kitchen and granite island, gas fireplace, king-size primary bed, queen-size spare beds, private balcony with gas grill, and in-suite washer/dryer; accommodates up to 6 guests.
• Accessible Two Bedroom Suite ADA-accessible two-bedroom, two-bathroom suite featuring roll-in shower with support bars, bathtub with support bars, lowered roll-under sinks, close captioning TV, and shower chair availability.
• Extended Stay Program Longer-term suite rentals for guests staying five or more nights, offering discounted rates with full kitchen and laundry in every suite.
• Event Space Hosting Rental of the Club Room and Library event spaces for private events, group reservations, and special occasions.
• Afternoon Tea Service Curated afternoon tea service offered to guests seeking a refined dining experience.
• Group Reservations Specialized booking service for groups requiring five or more suites, featuring dedicated reservation support and flexible terms for coordinated travel.
• Dog-Friendly Accommodations Pet-friendly lodging welcoming well-behaved dogs, with advance notice required and guest responsibility for any damage or disruptions.
• Reserved Parking Reserved parking available for $35 per night plus tax, limited to one space per reservation with limited availability for large vehicles.

Quantifiable outcome

• 100% smoke-free property demonstrates environmental commitment
• +1 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Six partnerships are on record, tiered minor and core.

• Andersonville Chamber of CommerceminorOthersProud member of the Andersonville Chamber of Commerce, supporting local business community and neighborhood initiatives
• Lincoln Square Chamber of CommerceminorOthersMember of the Lincoln Square Chamber of Commerce, supporting the historic German neighborhood's business community
• Uptown Chamber of CommerceminorOthersMember of the Uptown Chamber of Commerce, supporting the diverse and evolving Uptown neighborhood
• Choose ChicagominorOthersOfficial partner of Choose Chicago, the city's tourism and marketing organization
• Colton House HotelcoreStrategic or Co-development PartnerSister property under Inherit Hotel Group in Austin, Texas. Colton House Hotel showcases a brand-new hotel concept combining residential luxuries with upscale boutique hotel amenities, designed by Austin-based LEVY Architects with 80 suite-based accommodations.
• Inherit Hotel GroupcoreOthersParent company of The Guesthouse Hotel. Inherit Hotel Group operates boutique hotels combining residential luxuries with upscale hotel amenities in vibrant neighborhoods.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Publishing House Hotel: Boutique hotel in Chicago's West Loop/Fulton Market offering distinctive, design-forward accommodations in a vibrant neighborhood — directly comparable on the 'cool neighborhood boutique' positioning in Chicago.
• The Robey Chicago: Boutique urban hotel in Chicago's Wicker Park, similarly positioned as a design-driven, neighborhood-anchored property targeting lifestyle and leisure travelers in a non-downtown Chicago submarket.
• Hotel EMC2: Boutique full-service hotel in Chicago's Streeterville with a distinctive concept-driven brand experience, comparable as a non-chain, full-service boutique competing for the same Chicago leisure and business travelers.
• Virgin Hotels Chicago: Lifestyle boutique hotel in downtown Chicago with suite-style chambers and a strong brand identity. Comparable as a design-led, suite-oriented boutique targeting the same modern traveler demographic in Chicago.
• Sonder Holdings: Apartment-style hospitality operator offering suite-based, kitchen-equipped accommodations in urban neighborhoods — the closest large-scale analog to The Guesthouse's residential-suite model and extended-stay use case.
• Kasa: Apartment-style hotel and extended-stay brand offering full-kitchen, multi-room configurations in urban markets — directly comparable business model (residential suite-style stays) competing for the same extended-stay and family traveler segments.
• Colton House Hotel: Sister property under Inherit Hotel Group in Austin, Texas, featuring 80 suite-based accommodations with kitchens and living rooms. Same residential-suite concept and parent operator, making it the most directly comparable peer.
• The Gwen Hotel: Boutique lifestyle hotel on Chicago's Magnificent Mile offering upscale, design-forward accommodations — comparable in segment (upscale boutique, full-service) and target guest (leisure and business travelers visiting Chicago).

Broad incumbents

• Residence Inn by Marriott: Major chain offering extended-stay suite hotels with full kitchens and separate living/sleeping areas. Comparable as a direct competitor for extended-stay, family, and business travelers in Chicago, with broader scale and loyalty distribution.
• Homewood Suites by Hilton: Hilton's extended-stay suite brand with full kitchens and multi-bedroom layouts targeting the same family and business extended-stay segments, with multiple Chicago-area locations and the Hilton loyalty program as a distribution advantage.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/@theguesthousehotelchi
• Facebookfacebook.com/GuesthouseHotel
• Instagraminstagram.com/guesthousehotelCHI
• LinkedInlinkedin.com/company/the-guesthouse-hotel

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about The Guesthouse Hotel