12 August 2025

HUNTER HOTEL ADVISORS ARRANGES SALE OF 195-KEY CROWNE PLAZA KNOXVILLE DOWNTOWN UNVERSITY

Hunter Hotel Advisors (Hunter) today announced the sale of the195-key Crowne Plaza Knoxville Downtown University. Local hotel owner, The 9 Group, purchased the property from a private seller for an undisclosed amount on August 1, 2025. Hunter’s Tim Osborne, senior vice president, facilitated the transaction from the firm’s Chattanooga office.

Located in the heart of Downtown Knoxville, the hotel is directly across from the Tennessee Valley Authority headquarters and steps from Market Square, a popular pedestrian district filled with restaurants, bars and local shops. The property is within easy walking distance to key entertainment venues such as the Tennessee Theater, World’s Fair Park and the Bijou Theater, as well as the University of Tennessee.

The Crowne Plaza is one of the few hotels in the downtown core offering over 15,000 square feet of meeting space, making it a strong option for corporate meetings, conferences and group events. Additional amenities include Mahogany’s, a full-service restaurant, along with an indoor pool, fitness center and a business center—all of which position the hotel to serve a broad mix of leisure, business and group travelers.