NuovoRE, New Waterloo JV opens Fidelity Hotel Cincinnati in former P&G HQ after $81M redevelopment

7/28/2026

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Cincinnati Business Courier

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• Subcategory: Hospitality: Hotel

• Tag: Conversion | Opening | Operations | Property Management

• Additional Filters-Subcategory: Hospitality: Independent, Hospitality: Luxury

• Additional Filters-Tags: Conversion: Office-to-Hotel, Historic

Highlights
The Fidelity Hotel opened July 28 in Cincinnati's historic Gwynne Building.
NuovoRE invested $81 million to redevelop the 165-key hotel and ground-floor restaurants.
The beaux arts landmark served as Procter & Gamble headquarters from 1935 to 1956.