FelCor Lodging Trust sells Holiday Inn Nashville Airport

FelCor Lodging Trust is selling another one of its hotels. The 383-room Holiday Inn Nashville Airport property is the latest to be offloaded by the real estate investment trust, which traded the property to Fairwood Capital of Memphis for gross proceeds of $31.6 million.

FelCor was seeking to sell the Holiday Inn as a means to repay borrowings under its line of credit. In a statement, the REIT said it is using asset sales to strengthen its balance sheet, repurchase stock and fund redevelopment projects with high ROI. FelCor owns a portfolio that consists primarily of upper-upscale and luxury hotel located in metropolitan and resort markets in the U.S.

The Holiday Inn Nashville Airport is located near the city's Grand Ole Opry, Country Music Hall of Fame and Music Row. The property offers a shuttle service to local attractions, that also include Ryman Auditorium, Nissan Stadium and Bridgestone Arena.

Virtual Event

HOTEL OPTIMIZATION PART 2 | SEPTEMBER 10 & 24, 2020

Survival in these times is highly dependent on a hotel's ability to quickly adapt and pivot their business to meet the current needs of travelers and the surrounding community. Join us for Optimization Part 2 – a FREE virtual event – as we bring together top players in the industry to discuss alternative uses when occupancy is down, ways to boost F&B revenue, how to help your staff adjust to new challenges and more, in a series of panels focused on how you can regain profitability during this crisis.


The property's guestrooms include free Wi-Fi access, a 24-hour complimentary airport shuttle, 24-hour business center and an indoor pool. The hotel also has more than 7,500 square feet of meeting and event space across 10 meeting rooms, which can accommodate up to 400 people. Planning and catering staff are also available, as well as audio-visual equipment. 

Guests also have access to on-site laundry facilities for their own use, as well as same-day dry cleaning. Food & beverage options on-site include the Latitude 36 Kitchen and Bar, open for lunch and dinner, as well as the Jacksons Veranda, which is located on the property's main floor.

Suggested Articles

The hospitality procurement services provider has been making sure hotels have everything they need to maintain guest and employee safety.  

Champions For Better Business assists hotels with the logistics of removing furniture, fixtures and equipment as part of a renovation or conversion.

After launching in North Carolina, the brand will expand into Virginia, Tennessee, South Carolina and Texas.