Nashville at Opryland
Introduction
Hodges Ward Elliott is pleased to offer the opportunity to acquire the fee simple interests in the 94-key Courtyard Nashville at Opryland and the 109-key Fairfield Inn & Suites Nashville at Opryland (“Hotels” or “Properties”). Strategically located in Nashville’s dynamic Opryland district, the Properties offer exceptional accessibility just 10 minutes from Nashville International Airport and 15 minutes from Downtown Nashville, placing guests near many of the city’s most popular attractions. Opryland is one of Nashville’s strongest demand generators, with a concentration of top-tier entertainment, shopping, dining, and event venues. Anchoring the area are three major attractions: the legendary Grand Ole Opry, Opry Mills, the state’s largest shopping destination, and the expansive Gaylord Opryland Resort and Convention Center. This offering represents a compelling opportunity to acquire two well-located, select-service hotels in one of America’s fastest-growing cities, ideally positioned to capitalize on Nashville’s booming economy, record-setting tourism, and sustained demand for high-quality lodging.
| Address: | |
| Year Opened: | 1997 |
| Keys: | 94 |
| Stories: | 4 |
| Site Area: | ± 1.74 Acres |
| F&B: | The Bistro |
| AMENITIES: |
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| Interest: | Fee Simple |
| Management: | Unencumbered |
| Labor: | Non-Union |
| Address: | |
| Year Opened: | 1996 |
| Keys: | 109 |
| Stories: | 3 |
| Site Area: | ± 2.28 Acres |
| AMENITIES: |
|
| Interest: | Fee Simple |
| Management: | Unencumbered |
| Labor: | Non-Union |
Investment Highlights
PRIME LOCATION
The Hotels benefit from a premier location in the heart of Nashville’s Opryland/Music Valley district, one of the city’s most vibrant and consistently visited entertainment hubs. Anchored by world-famous attractions and year-round events, the area draws millions of leisure travelers, groups, and convention attendees annually. Within a two-mile radius of the Hotels, the district features the iconic Grand Ole Opry House, a legendary live music venue that attracts over one million visitors annually for its renowned performance calendar. Adjacent is Gaylord Opryland Resort & Convention Center, the largest non-gaming hotel in America, offering over 700,000 square feet of meeting space and hosting major conventions and corporate events that drive substantial room night demand. The resort recently announced a $224 million expansion and renovation project, further enhancing the districts appeal as a premier group and leisure destination. Other key attractions include Opry Mills, Tennessee’s largest outlet and retail destination with over 200 stores and more than 12 million annual visitors, the General Jackson Showboat, and Gaylord Springs Golf Links. The area offers excellent access via Interstate 40, Briley Parkway, and Nashville International Airport, which serves over 20 million passengers annually.
HOTTEST MARKET IN THE COUNTRY
Nashville is one of the nation’s premier seven-day-a-week lodging markets, attracting nearly 17 million visitors annually. The city benefits from a wide array of diverse demand drivers ranging from historically stable sectors such as music, production, healthcare, education, and government, to high-growth segments including corporate and technology expansions as well as a robust convention and conference calendar. In addition to its reputation as a world-class leisure destination, Nashville has leveraged its highly centralized U.S. location to capitalize on significant drive-to and expanding airlift demand. The city’s dynamic growth trajectory has also made it a magnet for corporate relocations and international commerce, reinforcing its position as one of the most attractive resilient lodging markets in the country.
NO NEW SUPPLY UNDERWAY
The Hotels are situated within the Nashville Airport Submarket, which currently has no new hotel projects under construction. As one of the fastest-growing airports in the United States, with passenger traffic increasing 29% from 2022 to 2024, the area offers a compelling opportunity for a new owner to capture significant market share for years to come.
BEST-IN-CLASS BRAND AFFILIATION
The Properties benefit from their affiliation with Marriott, the world’s most recognizable and top-performing hospitality brand. Marriott’s powerful centralized marketing, booking, and loyalty systems provide the Hotels with access to 200 million Marriott Bonvoy members worldwide. Courtyard and Fairfield Inn are among Marriott’s most valued select-service brands, known for delivering consistent quality and value. The strong brand positioning supports exceptional owner returns and competitive RevPAR performance.
