CN Hotels Acquires Two Chattanooga Marriott Properties

The firm purchased the 196-room extended-stay portfolio to expand its footprint in the Southeast region.

Updated on Oct. 20, 2026 in Hotels

CN Hotels Acquires Two Chattanooga Marriott Properties

Live Poll

Is the acquisition and renovation of local hotels beneficial for your community's business conditions?

CN Hotels has acquired the Residence Inn by Marriott and TownePlace Suites by Marriott in Chattanooga from an institutional seller. This dual-property deal adds 196 total rooms to the company's regional portfolio.

Why it matters

The acquisition is part of a broader growth strategy by CN Hotels to strengthen its presence in Tennessee and across the Southeast. The firm intends to renovate both properties to align with current brand standards.

The deal includes 196 rooms total, with the 2009-built Residence Inn providing 109 rooms and 7,959 square feet of meeting space, while the 2012-built TownePlace Suites adds 87 rooms.

The players

CN Hotels

This investment and management firm focuses on expanding its hotel footprint across the Southeast United States.

Hunter Advisors

This brokerage firm specializes in facilitating the sale and acquisition of hospitality real estate assets.

The details

Hunter Advisors brokered the sale of the two extended-stay hotels, which are located in the vicinity of local demand drivers like Volkswagen Chattanooga, Amazon, and Erlanger East Hospital. Both properties are situated near I-75 and the Hamilton Place area.

The Residence Inn property was built in 2009.
The TownePlace Suites property was built in 2012.
The acquisition of both hotels was announced on October 20, 2026.

Travel Outlook

This acquisition aligns with the broader regional shift toward upgrading extended-stay assets to accommodate business travelers in growing Southeast hubs. It reflects a strategic move to capitalize on demand generated by major local industrial and medical employers.

Travelers visiting the Chattanooga area can expect to see renovations at both properties as the new owners work to bring the hotels up to current brand standards. These upgrades may impact service availability or facility access during the construction phases.

The takeaway

Investors in the hotel sector are increasingly focused on acquiring established extended-stay properties near industrial hubs. Travelers should monitor hotel listings for updates on amenities as the new management begins its planned renovation process.