Anna Gomez, partner at Hospitality Gaming Advisors alongside Dave Tessier, recently achieved a milestone in Nashville hospitality history with the W Nashville hotel, which sold in March for a record-breaking $950,000 per key—the largest per-room sales record for any hotel in the city.

Twelfth Avenue Realty Holdings has completed the sale of W Nashville to Xenia Hotels & Resorts for $328.7 million, representing $950,000 per key—a premium price point that underscores the property's status as a trophy asset in Nashville's booming hospitality market.

Located in The Gulch, a newly revitalized, LEED-certified, upscale live-work-play neighborhood in Nashville that has become a go-to destination for music lovers, shoppers and business travelers alike, W Nashville will take on the spirit of the city through creative and innovative design.

W Hotels Worldwide, part of Marriott International, has opened the W Nashville in the Music City’s Gulch neighborhood. The 14-story mirrored tower was designed from the outside in, with six street-level entrances.

The most expensive Nashville hotel sale ever was recorded this week, when a real-estate investment firm in Orlando closed on the six-month-old W Hotel in the Gulch.

Post-pandemic travel continues to thrive, proving to be fairly resilient to inflation. Development is still robust but is complex, with projects difficult to finance and rising interest rates.