Jon Throntveit
Pigeon Forge, TN (USA)
Role(s):
The Americana Inns
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Startup
Location:
Pigeon Forge
Industry:
Hospitality
Year Founded:
2007
Number Employees:
INVALID
Description:
We have purchased two hotels in the Great Smoky Mountain National Park area and are converting them into condo hotels. The two hotels were purchased for just under $13 million. We have a total of 240 guest rooms between the two properties. We anticipate sales of the condo units, when completed, to be in excess of $28 million. We are seeking $2 million for renovation and conversion costs. Rates and terms are negotiable.