Ascent Hospitality buys The Chattanoogan Hotel

An outdoor patio at the Chattanoogan Hotel. Photo credit: Chattanoogan Hotel (Ascent will completely modernize and renovate the hotel’s upscale guestrooms, meeting rooms, public spaces, pool and lobby areas, and will rebrand as a Curio Collection by Hilton property.)

Ascent Hospitality, a hotel management and development company acquired The Chattanoogan Hotel, a 198-room property in Chattanooga, Tenn. Ascent will modernize and renovate the hotel’s upscale guestrooms, meeting rooms, public spaces, pool and lobby areas, and will rebrand as a Curio Collection by Hilton property.

Located at 1201 Broad Street in the heart of downtown Chattanooga, the hotel has views of Lookout Mountain, is 6 miles from Chattanooga Metropolitan Airport and is in close proximity to the Tennessee Aquarium, Rock City and Ruby Falls.

“The Chattanoogan is a great opportunity for Ascent Hospitality,” Doug Marks, VP of operations, Ascent Hospitality, said in a statement. “With a great team in place and a commitment on making this a premier property, we’re excited for what lies ahead. The city of Chattanooga deserves a lot of credit for developing this property as a catalyst to stimulate the redevelopment of the area.”

The five-story hotel offers 25,000 square feet of IACC-certified meeting space to accommodate up to 600 people. Other amenities include a spa, an indoor swimming pool and three outstanding restaurants.

Ascent Hospitality is a vertically integrated hotel development and management company whose corporate headquarters is located in Buford, Ga. The company portfolio consists of more than 31 select-service, extended-stay and full-service hotels comprising more than 3,000 rooms in major leisure, business and convention markets across the United States.