Vision Hospitality Group today will open the doors at its new downtown Hampton Inn & Suites, one of four Chattanooga-area hotels under development this year by Vision.
“I think there’s always demand that we’ve seen for good quality hotel rooms,” said Mitch Patel, president and CEO of Vision. “There’s no question 2009 and 2010 were challenging times for everyone, but the worst is over and we’re confident that this is a sustainable industry and demand will grow into the future.”
The $18.2 million hotel at the corner of Fourth and Chestnut streets, former home of the Regional History Museum, will feature 134 rooms for Chattanooga visitors.
It was conceived during the recession, at a time when lower construction costs allowed Patel to pursue LEED certification and design unique urban architecture, he said.
The company has three other hotels in development, with one each in Cleveland, Tenn., and Kimball, Tenn., and another $13 million hotel at Hamilton Place that cleared zoning hurdles Monday.
