DoubleTree by Hilton
The 186-key DoubleTree by Hilton Chattanooga Downtown is situated in the heart of Downtown Chattanooga, minutes from Rock City, Riverpark, and the Tennessee Aquarium. The hotel was purchased in May 2023 with HVMG implemented as management to improve performance.
HVMG First Year Performance
TripAdvisor Score improved to #1 from #13
T12 May RevPAR ranked #3 of 6 up from #5 of 6
T12 May 2024 RevPAR Index 106.4%, up 8.6% from takeover
Increased YTD May Total Revenues by $790k and GOP by $363k (RevPAR by $17.53)
YTD May GOP Flow-Through 46% vs STLY
HVMG Acquisition and Management Takeover
HVMG Acquisition, Management Takeover, Renovation, & Repositioning
In 2003, HVMG acquired and took over management of the 138 room DoubleTree Suites Nashville.
RevPAR Index
106.4%
with HVMG. Previously $1.1M
YTD May 2024 GOP Improvement
$363k
RevPAR Growth
$9.40
