Chattanooga Just Added 123 Rooms to a 65% Occupancy Market. The Comp Set Math Gets Interesting.
Caption by Hyatt just opened a 123-room lifestyle hotel in the same Chattanooga district as the 64-room Kinley, and there are 460 more rooms under construction downtown. If you're an operator in a secondary market watching new supply creep into your comp set, this is what the first twelve months actually look like.
