Home Private Equity Big name Nashville hotels continue to sell to outside investors

Big name Nashville hotels continue to sell to outside investors

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  • A small list of hotels in Nashville have sold for more than $100 million.
  • Outside investors are spending millions on Nashville hotel properties.

Hotels across Nashville continue to be scooped up by outside investors. 

The Fairlane Hotel, a boutique 81-room property known for its rotating themed pop-up bar, sold in late June to Westdale Capital, a Dallas investment group, for $40 million — nearly $494,000 a room. 

The Fairlane operated for four years before trading hands.

Meanwhile, other luxury line hotels in Nashville will be on the market soon after they open.  

A MARKET FOR LUXURY: Four Seasons sells out half-floor penthouses

Six months after the W Nashville Hotel in the Gulch first welcomed guests, the property sold in March for nearly $329 million, the largest hotel sale price in Nashville’s history. The buyer: Xenia Hotels & Resorts, an Orlando-based hospitality investment firm.  

One week ahead of the Conrad Nashville opening its doors, the Broadwest hotel sold last month to a Denver-based private equity group, Northwood Investors, for more than $119 million, according to land records. 

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