Memphis Hotel Development & Construction Pipeline

Property Name Address Rooms Scale Status Details
Aloft Memphis Downtown 161 Jefferson Avenue, Memphis 155 Upscale In Const.
Dream Memphis Downtown 122 S Main Street, Memphis 181 Up Upscale Planning
Shelby Drive Hotel 2190 East Shelby Drive, Memphis 120 Economy Planning
Summer Ave Hotel 4726 Summer Avenue, Memphis 60 Up Midscale Planning
Eas... 658... ... TBD Planning
Whi... 177... ... TBD Planning
Tow... 42 ... ... Up Midscale TBD
Blu... 463... ... TBD TBD

Memphis Recent Hotel Openings

Property Name Address Rooms Scale Opening Date Details
Caption by Hyatt Beale Street Memphis 245 South Front Street, Memphis 136 Upscale 6/28/2022
East Memphis Poplar Ave. Hotel 6588 Poplar Avenue, Memphis 100 TBD 4/13/2022
Courtyard Memphis East/Galleria 2785 New Brunswick Road, Memphis 112 Upscale 7/15/2021
The Memphian, Tribute Portfolio 21 S. Cooper Street, Memphis 106 Up Upscale 5/4/2021
Hyatt Centric Beale Street Memphis 33 Beale Street, Memphis 227 Up Upscale 4/15/2021

Memphis Recent Hotel Sale Transactions

Property Name Address Rooms Scale Sale Date Price Details
Former Holiday Inn Express Memphis East 2700 South Perkins Road, Memphis 130 Up Midscale 1/6/2021 ...
Homewood Suites Memphis-Poplar 5811 Poplar Avenue, Memphis 140 Upscale 3/16/2021 ...
Hilton Garden Inn Memphis Downtown 201 Union Avenue, Memphis 150 Upscale 10/28/2021 ...
Fairfield Inn & Suites Memphis I-240 & P... 4760 Showcase Boulevard, Memphis 86 Up Midscale 1/14/2022 ...
Ham... 962... ... Up Midscale 4/25/2022 ...
Son... 614... ... Up Midscale 5/13/2022 ...
Emb... 102... ... Up Upscale 6/29/2022 ...



Lodging Development Group provides hotel market intelligence that results in new business opportunities. As a leading industry source for lodging real estate intelligence and early stage project information, Lodging Development Group provides clients with hotel construction pipeline data, hotel project leads and hotel sales comparables (sales comps) in Memphis and many other markets. Our Memphis development reports provide key contact information for hotel owners, hotel developers, architects, civil engineers, management companies and other project participants. Subscribers are able to search for hotel ownership companies and hotel development companies, as well as hotels under development, in construction and recently sold by status, chain scale, size, sale price and other criteria.

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