Choice Hotels International sold the Cambria Hotel Nashville Downtown to an undisclosed buyer for $109.5 million, according to a news release.
The 255-room property in Nashville’s SoBro neighborhood will transition to management by Pyramid Global Hospitality. This marks the third Cambria property in Pyramid’s portfolio.
“The sale of the Cambria Hotel Downtown Nashville and execution of a long-term franchise agreement aligns with our long-term asset-light strategy and continues our history of…