The Grand Hyatt is anchoring a major-development called Nashville Yards; a JW Marriott with 533 rooms spread across 810,000 square feet and 33 floors; a 21-storied Luxury Collection property known as The Joseph; and the Thompson, which radiate it’s shadows over Gulch neighbourhood. All are recently made constructions and they don’t comprise smaller-size openings with outsize personalities.
To develop the W, it cost around $191 million in a mirrored tower. It has 346 hotel rooms which are cantilevered partially across a 26,000-square-feet retail complex. It sold to new ownership only five months after it was made to public in October last year, for $328.7 million.
Almost every luxury brand is increasing with Nashville in the next three years is anticipating a rush in five-star hotel brands that will have Edition, 1Hotel, Conrad, and Ritz-Carlton, along with a complete overhaul of the grand dame of the city, The Hermitage, which in 1910 was opened for the first time. Possibly the most luxurious will be a Four Seasons, scheduled to be opened at the latter half of this summer with a 40-story tower and 235 hotel rooms and 144 residences. Dean Stratouly had co-developed the Four Seasons as the president and chief executive officer of hospitality-investment firm Congress Group, describes Nashville a better version of Austin in regards to its financial outlook.
Tags: Hotels, Luxury tourism, Nashville
