1 Hotel Nashville
Host Hotels & Resorts Acquires 1 Hotel Nashville and Embassy Suites By Hilton Nashville Downtown
HOST HOTELS & RESORTS | May 2, 2024
BETHESDA, Md., May 02, 2024 -- Host Hotels & Resorts, Inc. (NASDAQ: HST) (the “Company”), the nation’s largest lodging real estate investment trust, today announced that it has acquired the fee simple interest in a two-hotel complex comprising the 215-room 1 Hotel Nashville and the 506-room Embassy Suites by Hilton Nashville Downtown (together, the “Property”) for approximately $530 million in cash. The acquisition price represents a 12.6x EBITDA multiple or a cap rate of approximately 7.4% on the Property’s 2024 estimated results1. The Property is expected to be among Host’s top-25 assets based on estimated full year 2024 ...
1 Hotels Appoints Onal Kucuk as General Manager at 1 Hotel Nashville
1 Hotel Nashville | March 8, 2023
NASHVILLE, TN – 1 Hotel Nashville, Nashville’s first mission-driven sustainable luxury hotel, is pleased to announce the appointment of Onal Kucuk as general manager. Kucuk will spearhead all operations and strategic goals for the property, and oversee the 178 guest rooms and 37 suites, as well as 1 Kitchen Nashville, Harriet’s Rooftop, Neighbors Café and Bamford Wellness Spa. Most recently in the role of general manager at The Guild Hotel in San Diego, Kucuk brings extensive experience in luxury and lifestyle hotels. Previously, Kucuk spent several years with Hyatt, from Ventana Big Sur, a luxury coastal resort, to Thompson Chica...
