Mr. Richard Aaronson This is Me

 Web References

1. 1. Owners of Downtown Chattanooga's Clarion Hotel Seeking to Re-position the Hotel or Sell It / June 2004

   www.hotel-online.com/News/PR20 - [Cached]

   Published on: 6/1/2004   Last Visited: 8/31/2004

   Richard Aaronson, a partner in the hotel's ownership group, said it is looking at a possible multimillion-dollar renovation and a change in the Clarion's nameplate. The Doubletree Hotel flag is one of those under study, he said.
   
   A sale of the hotel at 407 Chestnut St. also is possible, said Mr. Aaronson.
   
   "With the location, it's gone from not particularly desirable to one of the most desirable" in downtown, he said.
   
   The waterfront is undergoing a city-led $120 million revamp on both sides of the Tennessee River downtown. In addition, some private groups have announced projects expected to bring more housing, commercial and retail space to the area.
   
   Mr. Aaronson said the hotel group is looking at an extensive renovation program at the Clarion, but the full scope may not be determined until later this summer.
   
   "We hope by the end of the summer to make a decision," he said, adding the possibility of a sale of the hotel the group has held for about 20 years plays into the evaluation process.