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As Nashville continues to expand its hotel offerings, a rise in limited and select service hotels throughout the city have continued to match nationwide growth. 

 

At any given time, the percentage of limited and select service hotels of all rooms under construction in the city represents approximately 43% – 45% . Limited service hotels are traditionally defined as little to no food and beverage offerings, while select service usually have some food and beverage outlets.  While the lines have been muddling over the past decade or so, many limited service offer some sort of food and beverage amenities. The amount of select service rooms under construction in Nashville’s downtown core is much smaller and represents only about 25.6% of the 3,710 rooms currently under construction.  Stating the obvious, limited service and select service properties are popular among owners because of their rapid rate of return – just as fast casual restaurants have been the darling cash cow of the restaurant industry over the last 5-7 years. According to STR, limited and select service hotels account for approximately 76% of the US supply. By comparison, Nashville currently has approximately 72% of the supply in the limited service market which could make the argument that Nashville’s current growth in this market is catching up with the national average.  Of course, these numbers are based solely on existing supply and additional rooms under construction.  This does not address the number of rooms that are in Final Planning and Planning stages.  Additionally, building in a downtown core makes sense for limited and select service properties. While they are often course limited by a lack of amenities, they often capitalize on the top restaurants, gyms, spas and services of the surrounding downtown area. Many guests find this attractive as their number one search criteria is rate value or reward point opportunity, and often planned to search out additional amenities beyond the hotel regardless.

 

Below is a snapshot of properties in this category that will be opening in Nashville’s downtown core, as well as a listing of all opened or properties under construction throughout the city within the limited or select service market. As Nashville grows, more and more, we are seeing micro markets develop like the Green Hills Market, the West End and Vanderbilt Business District, etc. The argument can be made that the hotels that are being built outside of the downtown core will fill the need that has existed in the micro markets but has yet to be fulfilled. Many of these limited service properties appear to be the answer.

 

Cambria Suites by Hilton (118 8th Avenue South)

The first to open (January, 2018) of the select service downtown hotels that are currently under construction, the Cambria Hotel is Choice Hotels’ upscale brand. Offering excellent access to the Music City Center as well as the Broadway and Gulch entertainment districts, the Cambria will be a wonderful accent to the full service properties which surround the Music City Center.  Highlights include:

255 Spacious Guestrooms

9,400 Square Foot Restaurant with Stage for Bands

A Rooftop Pool

A Barista Bar

5,000 Square Feet for Overflow Meetings or Groups Housed at Hotel

 

Moxy Hotel Downtown Nashville (3rd Avenue South & Broadway)

Seated right in the action on the corner of Broadway and 3rd Avenue, the Moxy Hotel will be opening in Spring, 2018. As a brand that is focused on millennial travelers with technology needs and less frills, who may also be more budget conscience, this property will have a first row seat to the excitement and vibe of the Broadway entertainment district. Highlights include:

152 Guestrooms

A Rooftop Restaurant

A Lobby Level Restaurant

A Lobby Level Coffee Shop with Grab & Go Breakfasts and Snacks

 

Tri-Branded Marriott Property with AC, Springhill Suites and Residence Inn (410 5th Avenue South).

 

Also already reported, the developer for this project is North Point Hospitality out of Atlanta. While the property will be the first tri-branded Marriott of its kind, the focus for this blog is the 261 select service rooms that will share amenities with the 209 full-service AC hotel rooms. Guests have long enjoyed dual branded properties as they have been developed in other markets because the hotel is able to offer a wider range of amenities that are shared between them. The highlights include:

470 guestrooms split between three Marriott brands. According to Marriott International, the Springhill Suites will have 125 suites and the Residence Inn will have 136 suites.

A Pool

State of the Art Fitness Center

Six Food & Beverage Outlets

A Rooftop Bar & Patio located on the 21st Floor

3,675 Square Feet of Meeting Space

 

Tru & Home2 Suites Nashville Downtown (500 5th Avenue South)

Opening October, 2018

233 Rooms

 

Additionally, the following limited or select service hotels have opened or are opening:

 

OPENED

 

Fairfield Inn Metro Center  (100 French Landing)

  • Opened December, 2016
  • 80 Rooms

 

Candlewood Suites (Metro Center, French Landing & Venture Circle)

  • Opened May, 2017
  • 101 Rooms

 

UNDER CONSTRUCTION

 

TownPlace Suites Goodlettesville (Long Hollow Pike & Conference Dr.)

  • Opening July, 2017
  • 100 Rooms

 

Residence Inn Opryland (2500 Music Valley Dr.)

  • Opening December, 2017
  • 125 Rooms

 

Wingate by Wyndham (One Century Blvd)

  • Opening December, 2017
  • 123 Rooms

 

Hampton Inn & Suites Goodlettsville (860 Conference Drive)

  • Opening February, 2018
  • 92 Rooms

 

Fairfield Inn Airport (Elm Hill Pike & Royal Parkway)

  • Opening April, 2018
  • 101 Rooms

 

Residence Inn Green Hills (2400 Crestmoor Rd)

  • Opening June, 2018
  • 106 Rooms

 

MOXY Hillsboro Village (20th Ave & Belcourt Ave)

  • Opening September, 2018
  • 130 Rooms

 

Hampton Inn & Suites Nashville Downtown (310 4th Avenue S)

  • Hotel Expansion, Completed May, 2019
  • 50 Rooms

 

While the list looks rather extensive, it can also be approached as a measured look towards the city’s development in micro markets that have long expressed a need for more hotel rooms. As Nashville’s restaurant industry and various lifestyle industries (wellness, fitness, arts, theater, entertainment) continue to rapidly grow alongside the hotel boom, limited accommodations may become a more appealing draw to those who wish to explore the city.

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