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CHATTANOOGA, Tenn.--February 15, 2019 --CBL Properties (NYSE:CBL) and Vision Hospitality Group, Inc. today announced plans to develop a 135-room Aloft by Marriott in Chattanooga, Tennessee, as part of the Sears redevelopment project at Hamilton Place. The new hotel marks the brand’s entrance into the Chattanooga market.

“We are thrilled to partner with Chattanooga-based Vision Hospitality Group to bring the unique experience of Aloft to Chattanooga as part of the Hamilton Place Sears redevelopment project,” said Stephen Lebovitz, chief executive officer of CBL Properties. “We are actively executing our vision to transform our properties into suburban town centers that offer visitors a variety of experiences. The addition of Aloft by Marriott complements the broader redevelopment plans at Hamilton Place, which include the addition of The Cheesecake Factory, Dave & Busters as well as class ‘A’ office space, additional dining options and new retail.”

Known for its trendy style and vibrant social scene, the Aloft brand uses technology and design to enhance experiences and keep up with the needs of the modern traveler. The Aloft Chattanooga Hamilton Place will feature an urban-inspired design with loft-like guestrooms, featuring airy 9-foot ceilings and keyless entry using your smartphone or Apple Watch.

“Experiences are the new commodity, and Aloft Hotels get that,” said Mitch Patel, Vision Hospitality Group President & CEO. “The brand incorporates technology, design and culture to set it apart from the traditional hotel, and we look forward to bringing this new experience to our hometown of Chattanooga. We value our long standing relationship with CBL Properties, as well as the opportunity to be a part of this special redevelopment.”

Aloft Chattanooga Hamilton Place will be located between The Cheesecake Factory and the future Dave & Busters. Construction on the Hamilton Place redevelopment project is set to begin this spring.

About Vision Hospitality Group, Inc.

Chattanooga-based Vision Hospitality Group, Inc. is a leading hotel management and development company with an unwavering commitment to quality and integrity. Although the company’s roots date back to 1978, Vision Hospitality Group, Inc. was officially formed in 1997 by President & CEO Mitch Patel. Still family-owned and operated today, Vision has a hotel portfolio and pipeline of premium select and full-service hotels affiliated with the Hilton, Marriott and InterContinental brands. To learn more about Vision Hospitality Group, Inc., visit www.vhghotels.com, www.facebook.com/vhghotels and www.twitter.com/vhghotels.

Contact: Emily Crawford

publicrelations@vhghotels.com / 423.892.1010

About CBL Properties

Headquartered in Chattanooga, TN, CBL Properties owns and manages a national portfolio of market-dominant properties located in dynamic and growing communities. CBL’s portfolio is comprised of 115 properties totaling 71.5 million square feet across 26 states, including 72 high-quality enclosed, outlet and open-air retail centers and 11 properties managed for third parties. CBL continuously strengthens its company and portfolio through active management, aggressive leasing and profitable reinvestment in its properties. For more information visit cblproperties.com.

Investor Contact:
Katie Reinsmidt, 423.490.8301
EVP & Chief Investment Officer
Katie.Reinsmidt@cblproperties.com

Media Contact:
Stacey Keating, 423.490.8361
Director – Public Relations & Corporate Communications
Stacey.Keating@cblproperties.com

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