SHERIDAN, WYOMING – Mar. 4, 2025 – Pulse Hospitality and MD Hospitality have jointly acquired the Homewood Suites by Hilton Chattanooga-Hamilton Place in Chattanooga, Tennessee, marking a significant expansion of their hospitality portfolio. The sale, brokered by Hunter Hotel Advisors, represents a strategic move into a rapidly growing market.
Strategic Acquisition in a Thriving Market
The Homewood Suites by Hilton Chattanooga-Hamilton Place, a 76-key property, is strategically located off I-75 in Hamilton County, Tennessee. This prime location places it within a major retail and commercial corridor, offering proximity to key attractions such as Hamilton Place Mall, Chattanooga Metropolitan Airport, and Volkswagen Chattanooga. The area has experienced a recent economic surge, driven by a substantial $4.5 billion investment and the creation of 426,000 jobs across diverse sectors, including healthcare and education.
Chattanooga: A Top Travel Destination
Chattanooga's appeal extends beyond its economic growth. Ranked among the top 50 travel destinations, the city offers a wealth of leisure experiences. Visitors can explore natural wonders like Lookout Mountain, immerse themselves in aquatic life at the Tennessee Aquarium, and enjoy the vibrant Riverbend Festival, a four-day music attraction that draws more than 650,000 attendees annually. This combination of business and leisure opportunities makes the Homewood Suites a highly desirable property.
Property Features and Amenities
The acquired hotel features a variety of well-appointed guestrooms, catering to both business and leisure travelers. Guests can enjoy a complimentary breakfast each morning, relax by the outdoor pool, and maintain their fitness routine with 24/7 access to the on-site fitness center. These amenities are designed to provide a comfortable and convenient stay for all guests.
Hunter Hotel Advisors Facilitated the Transaction
Tim Osborne, Senior Vice President at Hunter Hotel Advisors, played a pivotal role in facilitating the transaction. "It was a pleasure to work with all parties on this sale," said Osborne. "Building on their previous acquisitions with Hunter, Pulse Hospitality will renovate the hotel to unlock value and better capture the growing extended stay demand in the market." This statement highlights the strategic intent of Pulse Hospitality to enhance the property and capitalize on the increasing demand for extended-stay accommodations.
Pulse Hospitality and MD Hospitality's Growth Strategy
The acquisition of the Homewood Suites by Hilton Chattanooga-Hamilton Place aligns with Pulse Hospitality and MD Hospitality’s growth strategy. By investing in properties in thriving markets like Chattanooga, they are positioned to benefit from the region’s economic and tourism growth. The planned renovations will further enhance the hotel’s appeal and ensure it meets the evolving needs of modern travelers.
Future Outlook
With the strategic location, planned renovations, and Chattanooga’s robust economic and tourism landscape, the Homewood Suites by Hilton Chattanooga-Hamilton Place is poised for success. Pulse Hospitality and MD Hospitality’s joint venture underscores their commitment to providing high-quality hospitality experiences and maximizing investment returns.
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