Management and development company DelMonte Hotel Group has acquired the Moxy Chattanooga (Tenn.) Downtown for nearly $14.5 million, according to the Times Free Press. The 108-room Moxy was built by Chattanooga-based 3H Hotel Group in 2018.
The four-story boutique hotel provides check-in service at the central Bar Moxy and has a lounge and outdoor patio, a fitness center, customizable meeting space, a bar and restaurant, and bedrooms in a modular design with custom furniture. The property is also pet-friendly.
"We're thrilled to add Moxy Chattanooga Downtown to our growing portfolio of properties and make our mark in one of America's most breathtaking cities," CEO and President Alexander DelMonte said in a statement. "Moxy is buzzing with high energy and an energetic crew that always aims to surprise travelers. It is also situated in an ideal location, surrounded by outdoor adventure and iconic world-class attractions that are within walking distance for our guests to enjoy day or night while exploring all that Chattanooga has to offer."