The grand ballroom in the newly-constructed Embassy Suites by Hilton and Red Wolf Convention Center will be the Arvest Ballroom when the hotel opens in October.
Arvest Bank secured the naming rights for the almost 15,000-SF space for the next 17 years in an agreement with O'Reilly Hospitality Management LLC. Financial terms of the deal were not disclosed.
The Arvest Ballroom can accommodate up to 1,500 guests and may be partitioned off to create seven individual meeting spaces.
"Arvest's great reputation for excellence in business and banking will be a real asset to the image and reputation of our facility," said O'Reilly Hospitality CEO Tim O'Reilly said in a news release.
Arvest President and CEO Jim Cargill said in the release, "It's an honor for us to be a part of this new venue that will be a great asset to the university, students, their families and out-of-state guests."