With its palatial architecture and upscale amenities, the Drake Hotel Oak Brook stands out as one of the Chicago area’s most refined lodging destinations. Since opening in 1980, this suburban escape has attracted affluent travelers and heads of state over the years.

But who exactly owns this illustrious hotel property rooted in Oak Brook history? We’ll explore the Drake’s ownership timeline and get to know the prominent Chicago-area family behind this local luxury landmark.

Original Development and Early Ownership

The Drake Hotel in Oak Brook has a fascinating history that dates back to its original development in the early 1960s. The hotel was envisioned as a luxurious retreat that would attract both business and leisure travelers to the area.

Its prime location near the prestigious Oak Brook Center shopping mall and close proximity to downtown Chicago made it an ideal destination for visitors seeking a combination of tranquility and convenience.

The original developers of the Drake Hotel were a group of prominent local businessmen who recognized the potential for a high-end hotel in the burgeoning Oak Brook area. They carefully selected the site and enlisted the expertise of renowned architects and interior designers to create a truly elegant and sophisticated establishment.

The result was a stunning hotel that quickly became a symbol of luxury and opulence.

During its early years, the Drake Hotel changed ownership a few times, with each new owner adding their own unique touch to the property. This resulted in the hotel undergoing a series of renovations and expansions to meet the evolving needs and preferences of its discerning clientele.

These changes not only enhanced the hotel’s facilities and amenities but also helped solidify its reputation as one of the premier hotels in the region.

Over the years, the Drake Hotel has hosted countless notable guests and events, further cementing its place in Oak Brook’s history. From glamorous weddings and galas to important business conferences and conventions, the hotel has been a preferred choice for those seeking elegance and sophistication.

Its timeless charm and impeccable service have made it a beloved landmark in the community.

To this day, the Drake Hotel continues to be a cherished destination for visitors from near and far. Its rich history and commitment to excellence have earned it a place among the finest hotels in the country.

Whether you’re staying for business or pleasure, a visit to the Drake Hotel is sure to be an unforgettable experience.

Acquisition by the Grisko Family

The Drake Hotel in Oak Brook has a rich history that dates back to its acquisition by the Grisko family. The Griskos, a prominent and influential family in the hospitality industry, recognized the potential of the hotel and saw it as an opportunity to expand their portfolio.

With their expertise and vision, they transformed the Drake Hotel into the elegant establishment it is today.

A Visionary Investment

When the Grisko family acquired the Drake Hotel, they had a clear vision in mind. They aimed to create a luxurious and sophisticated destination that would cater to the needs of discerning travelers. Their investment was not just about acquiring a property, but about creating an experience that would leave a lasting impression on guests.

The Griskos understood the importance of preserving the hotel’s historical charm while incorporating modern amenities and design elements. They carefully curated every aspect of the hotel, from the elegant rooms to the exquisite dining options, ensuring that every guest would feel pampered and indulged during their stay.

A Legacy of Excellence

The Grisko family’s acquisition of the Drake Hotel marked the beginning of a new chapter in its history. Under their ownership, the hotel has consistently been recognized as one of the finest establishments in Oak Brook and beyond.

Their commitment to excellence and exceptional service has earned them a loyal following of guests who return year after year.

By investing in the Drake Hotel, the Griskos have not only contributed to the local economy but also to the preservation of a historical landmark. Their dedication to maintaining the hotel’s heritage while embracing innovation has allowed it to thrive in a competitive industry.

Continued Success and Expansion

The success of the Drake Hotel under the Grisko family’s ownership has led to further expansion opportunities. Recognizing the demand for their unique blend of luxury and hospitality, they have acquired additional properties in other desirable locations.

With each new acquisition, the Griskos bring their expertise and commitment to excellence, ensuring that every guest experiences the same level of exceptional service that has become synonymous with the Drake Hotel brand.

For more information about the Drake Hotel and its history, you can visit their official website here.

Day-to-Day Operations and Management

The day-to-day operations and management of the elegant Drake Hotel in Oak Brook are carefully handled by a dedicated team of professionals. From the front desk staff to the housekeeping department, every employee plays a crucial role in ensuring the smooth functioning of the hotel.

The front desk staff is responsible for greeting guests, checking them in and out, and providing them with any necessary information. They are the first point of contact for guests and strive to create a welcoming and pleasant atmosphere.

They also handle reservations and assist guests with any special requests they may have during their stay.

The housekeeping department is responsible for maintaining the cleanliness and tidiness of the hotel rooms and public areas. They ensure that all guest rooms are properly cleaned and stocked with essential amenities.

They also work closely with the maintenance department to address any issues or repairs that need to be addressed.

The food and beverage department is responsible for providing exceptional dining experiences for guests. From the hotel’s restaurants and bars to room service, they strive to offer a variety of culinary options to cater to different tastes and preferences.

The team works diligently to ensure that every meal is prepared with care and presented beautifully.

Behind the scenes, the management team oversees the overall operations of the hotel. They handle various aspects such as budgeting, marketing, and staff training. Their goal is to ensure that the hotel runs smoothly and efficiently, providing guests with a memorable experience.

It is worth noting that the Drake Hotel in Oak Brook is part of the Hilton family of hotels, known for their exceptional service and attention to detail. As such, the day-to-day operations and management of the hotel adhere to the high standards set by the Hilton brand.

For more information about the day-to-day operations and management of the Drake Hotel, you can visit their official website at www.thedrakeoakbrookhotel.com.

Recent Renovations and Updates

The Drake Hotel in Oak Brook has recently undergone extensive renovations and updates to enhance its elegance and charm. These improvements have breathed new life into the historic landmark, ensuring that it continues to be a premier destination for visitors and locals alike.

Renovated Guest Rooms

One of the major focuses of the renovations was the guest rooms. The hotel wanted to create a luxurious and comfortable experience for every guest. As a result, each room has been meticulously designed and furnished with high-quality amenities.

From plush bedding to state-of-the-art technology, every detail has been carefully considered to ensure a memorable stay for guests.

The guest rooms now boast modern decor with a touch of classic elegance. The color schemes are soothing and inviting, creating a serene ambiance that helps guests relax and unwind. The furniture has been carefully selected to provide both comfort and functionality, allowing guests to work or rest with ease.

Updated Meeting and Event Spaces

The Drake Hotel is renowned for its exceptional meeting and event spaces, and the recent renovations have only elevated its reputation. The meeting rooms have been updated with the latest audiovisual technology, making it easier for presenters to engage their audience.

The event spaces have also been redesigned to accommodate a variety of functions, from corporate conferences to elegant weddings.

With its updated meeting and event spaces, the Drake Hotel continues to be a sought-after venue for both small and large gatherings. The dedicated staff ensures that every event is meticulously planned and executed, leaving guests impressed and satisfied.

Enhanced Dining Options

Food lovers will be delighted to know that the Drake Hotel has also revamped its dining options. The on-site restaurants now offer a diverse range of culinary experiences, from fine dining to casual fare.

The menus have been carefully crafted by talented chefs, using locally sourced ingredients to create flavorful and memorable dishes.

Whether guests are craving a gourmet meal or a quick bite, they can find it at one of the hotel’s restaurants. The dining spaces have also been redesigned to provide a warm and inviting atmosphere, making every meal a delightful experience.

Future Plans and Developments

The Drake Oak Brook is constantly evolving to meet the needs and expectations of its guests. With a commitment to excellence and a dedication to providing exceptional experiences, the hotel has some exciting future plans and developments in store.

Expansion Projects

The Drake Oak Brook is currently in the works of expanding its facilities to accommodate even more guests. The expansion project will include the addition of new rooms and suites, as well as upgraded amenities and services.

This means that guests can look forward to a wider range of options when it comes to their accommodations, ensuring that there is something to suit every taste and preference.

In addition to the expansion of guest rooms, The Drake Oak Brook is also planning to enhance its meeting and event spaces. With state-of-the-art technology and versatile layouts, these spaces will be ideal for corporate events, weddings, and other special occasions.

Whether you’re hosting a small business meeting or a large-scale conference, The Drake Oak Brook will have the perfect space to meet your needs.

Upcoming Events and Offerings

As a premier destination, The Drake Oak Brook is always striving to provide unique and memorable experiences for its guests. In line with this commitment, the hotel has an exciting lineup of upcoming events and offerings planned.

From seasonal promotions and holiday celebrations to culinary experiences and live entertainment, there is always something happening at The Drake Oak Brook. Guests can indulge in delectable dining options, relax and unwind at the spa, or enjoy a range of recreational activities.

The hotel also partners with local attractions to offer exclusive packages and deals, ensuring that guests have access to the best that the area has to offer.

For the most up-to-date information on upcoming events and offerings at The Drake Oak Brook, be sure to visit their official websitewww.thedrakeoakbrookhotel.com. Here, you’ll find a comprehensive calendar of events and details on how to make the most of your stay at this exceptional hotel.


With a long legacy of luxury in Oak Brook, the Drake Hotel has been owned by the prominent Grisko family since the 1990s. Their investment in renovations and dedicated management has maintained the property’s reputation for refined accommodations.

As a centerpiece of the community, the Drake seems poised to continue exemplifying Oak Brook hospitality for years to come under the Grisko family’s stewardship.

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