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CN Hotels Acquires Two Chattanooga Marriotts
Featuredfinanceasianhospitality.com··1 min·For: Owner, Investor, GM

CN Hotels Acquires Two Chattanooga Marriotts

CN Hotels has expanded its Southeast footprint with the acquisition of two Marriott extended-stay properties totaling 196 keys in Chattanooga, Tennessee. The new ownership plans to execute a comprehensive renovation across both assets to align with current brand standards.

Key Takeaways

  1. 1Portfolio includes the 109-key Residence Inn and 87-key TownePlace Suites near I-75.
  2. 2Acquisition was brokered by Hunter Hotel Advisors.
  3. 3CN Hotels will launch comprehensive renovations on both properties to boost performance.

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Source: asianhospitality.com

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