Chartwell Hospitality Finalizes Purchase of Tennessee’s 300-Room Franklin Marriott Cool Springs
November 9, 2018 1:32pm
FRANKLIN, Tenn. – November 2018 – Chartwell Hospitality LLC, an integrated hotel operations and development company, recently finalized its purchase of the Franklin Marriott Cool Springs in Franklin, Tenn.
In addition to the full-service Marriott, Chartwell will also manage the 30,000-square-foot Cool Springs Conference Center, which is connected to the hotel and is co-owned by the City of Franklin and Williamson County.
“This purchase illustrates our long-standing commitment to the Franklin-Williamson County area and we are thrilled to announce this substantial addition to our growing portfolio of hotels,” said Chartwell’s Founder and President Rob Schaedle.
The 300-room hotel is ideally located at the high-profile intersection of Carothers Parkway and Cool Springs Boulevard proximate to an abundance of office space, retail and restaurant offerings.
Each guest room of the recently renovated Franklin Marriott Cool Springs reflects the brand’s modern aesthetic by merging form and function and emphasizing chic interior architecture. Guest rooms feature the latest in guest-room design and advanced technology – including Smart TVs outfitted with Netflix and Hulu.
Nearly 30,000 square feet of flexible event space, collaborative planning space, a ballroom and a private landscaped terrace provide the perfect setting for individual guests, group conventions, rehearsal dinners and wedding ceremonies of all sizes.
Guests and visitors can dine at Stave Regional Kitchen and Lounge, the hotel’s on-site restaurant featuring farm-to-table comfort food sourced directly from Tennessee, including herbs and produce from the restaurant’s garden and honey from its own rooftop beehives.
To learn more about Chartwell Hospitality LLC, visit www.chartwellhospitality.com.
franklin marriott cool springs
Chartwell Hospitality LLC is an award-winning, fully integrated hotel operations and development company specializing in the acquisition, development and management of high-quality, branded, limited-service and full-service hotels. With substantial transaction and real estate expertise, Chartwell has a proven track record for maximizing cash flow and increasing ROI in high growth markets with multiple generators. Chartwell approaches real estate investment from an owner’s perspective, investing capital alongside select private and institutional investors. To date, Chartwell has executed 61 hotel investments, delivering occupancy and market rates that consistently surpass its competition.
Contact: Kelsey Donnelly
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