Banyan Investment Group acquires Tennessee Hampton Inn

Banyan Investment Group, alongside InLight Capital, acquired the 101-room, four-floor Hampton Inn & Suites on North Thompson Lane in Murfreesboro, Tenn.      

The Hampton Inn has 1,078 square feet of meeting space, a business center, a fitness center and a seasonal outdoor swimming pool.  

Atlanta-based Banyan Investment Group has a portfolio of about 20 properties, including the Aloft Downtown Atlanta, that are located primarily in southeastern states such as Florida, Georgia, Kentucky, Tennessee, South Carolina and Alabama. The company, now under the direction of second-generation Asian American hoteliers, has more than 40 years of experience in developing and managing branded hotels.

FREE DAILY NEWSLETTER

Like this story? Subscribe to IHIF!

The hospitality industry turns to IHIF International Hotel Investment News as the must-read source for investment and development coverage worldwide. Sign up today to get inside the deal with the latest transactions, openings, financing, and more delivered to your inbox and read on the go.

InLight Capital, based in Houston, Texas, is a privately held hospitality investment and operating company that focuses on the acquisition and operation of upper-midscale limited and select service properties across the U.S. 

Suggested Articles

Stan Group (Holdings) Ltd.’s Hotel Ease-Tsuen Wan has become a Certified B Corp., the first hotel in Asia to receive the trademarked certification.

Arrive East Austin and Hotel Indigo Williamsburg Brooklyn are planning to open in July, with the citizenM Boston North Station to follow in early August.

Pebblebrook Hotel Trust plans on selling the 137-room Kimpton Rouge Hotel in Washington, D.C. in the third quarter of 2019.