CBL Properties & Vision Hospitality Group Announce Aloft by Marriott as Part of Hamilton Place Redevelopment in Chattanooga, ...
February 11 2019 - 9:00AM
Business Wire
CBL Properties (NYSE:CBL) and Vision Hospitality Group, Inc.
today announced plans to develop a 135-room Aloft by Marriott in
Chattanooga, Tennessee, as part of the Sears redevelopment project
at Hamilton Place. The new hotel marks the brand’s entrance into
the Chattanooga market.
“We are thrilled to partner with Chattanooga-based Vision
Hospitality Group to bring the unique experience of Aloft to
Chattanooga as part of the Hamilton Place Sears redevelopment
project,” said Stephen Lebovitz, chief executive officer of CBL
Properties. “We are actively executing our vision to transform our
properties into suburban town centers that offer visitors a variety
of experiences. The addition of Aloft by Marriott complements the
broader redevelopment plans at Hamilton Place, which include the
addition of The Cheesecake Factory, Dave & Busters as well as
class ‘A’ office space, additional dining options and new
retail.”
Known for its trendy style and vibrant social scene, the Aloft
brand uses technology and design to enhance experiences and keep up
with the needs of the modern traveler. The Aloft Chattanooga
Hamilton Place will feature an urban-inspired design with loft-like
guestrooms, featuring airy 9-foot ceilings and keyless entry using
your smartphone or Apple Watch.
“Experiences are the new commodity, and Aloft Hotels get that,”
said Mitch Patel, Vision Hospitality Group President & CEO.
“The brand incorporates technology, design and culture to set it
apart from the traditional hotel, and we look forward to bringing
this new experience to our hometown of Chattanooga. We value our
long standing relationship with CBL Properties, as well as the
opportunity to be a part of this special redevelopment.”
Aloft Chattanooga Hamilton Place will be located between The
Cheesecake Factory and the future Dave & Busters. Construction
on the Hamilton Place redevelopment project is set to begin this
spring.
Rendering available upon request.
About Vision Hospitality Group, Inc.
Chattanooga-based Vision Hospitality Group, Inc. is a leading
hotel management and development company with an unwavering
commitment to quality and integrity. Although the company’s roots
date back to 1978, Vision Hospitality Group, Inc. was officially
formed in 1997 by President & CEO Mitch Patel. Still
family-owned and operated today, Vision has a hotel portfolio and
pipeline of premium select and full-service hotels affiliated with
the Hilton, Marriott and InterContinental brands. To learn more
about Vision Hospitality Group, Inc., visit www.vhghotels.com,
www.facebook.com/vhghotels and www.twitter.com/vhghotels.
About CBL Properties
Headquartered in Chattanooga, TN, CBL Properties owns and
manages a national portfolio of market-dominant properties located
in dynamic and growing communities. CBL’s portfolio is comprised of
115 properties totaling 71.5 million square feet across 26 states,
including 72 high-quality enclosed, outlet and open-air retail
centers and 11 properties managed for third parties. CBL
continuously strengthens its company and portfolio through active
management, aggressive leasing and profitable reinvestment in its
properties. For more information visit cblproperties.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20190211005120/en/
Investor Contact:Katie Reinsmidt, 423.490.8301EVP & Chief
Investment OfficerKatie.Reinsmidt@cblproperties.comMedia
Contact:Stacey Keating, 423.490.8361Director – Public Relations
& Corporate
CommunicationsStacey.Keating@cblproperties.comVision Hospitality
Contact:Emily Crawford, 423.892.1010Communications & Community
Relations Managerpublicrelations@vhghotels.com
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