Inked: Hilton Memphis listed for sale
“The 27-story property has the potential to be the lodging market leader in (revenue per available room) and event services for the highly corporate, affluent tract of Memphis East,” the JLL listing said. “A new owner has the opportunity to complete a targeted soft-goods renovation and reposition the hotel, while also implementing new yield management tactics to increase its positioning in the market.” (The Daily Memphian file)
Welcome to Inked, a column that notes some of the week’s commercial real estate transactions and updates in the greater Memphis area that may have gone unnoticed.
Hilton Memphis listed for sale
The iconic 27-story Hilton Memphis hotel at Poplar Avenue and Interstate 240 was put up for sale.
The 405-room hotel sits on 8.27 acres and includes 30,000 square feet of meeting space and an 11,700-square-foot ballroom.
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Dima Amro
Dima Amro is a native Memphian who covers commercial real estate and economic development for The Daily Memphian. She received her B.A. in journalism at the University of Memphis and M.A. in investigative journalism at American University.
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