Vision Hospitality Group Acquires Bohemian Hotel Celebration, An Autograph Collection Hotel

USA, Chattanooga, Tennessee. November 25, 2022

Chattanooga-based Vision Hospitality Group, Inc., is pleased to announce the acquisition of the Bohemian Hotel Celebration, an Autograph Collection Hotel, in Celebration, Florida. The 115-room, boutique, lakeside hotel marks Vision's entrance into the Florida market. Vision will rebrand the hotel as the Celebration Hotel, transforming the property into an intimate, and more modern hotel embodying the charm of Old Florida.

"Vision has been looking for the right opportunity to enter the Florida market for years, and the Celebration Hotel possesses everything we were looking for in an asset," said Mitch Patel, Vision Hospitality Group President & CEO. "With all our lifestyle properties we strive to be the living room of the neighborhood. The property location within the vibrant community of Celebration aligns well with this strategy, and we look forward to gaining input from the community throughout our transformation." Patel added, "The Celebration Hotel continues our strategy of investing in boutique and lifestyle assets in high barrier to entry markets. The irreplaceable nature of this hotel only reinforces our belief in this opportunity."

The Celebration Hotel features luxurious amenities as well as an upscale restaurant, the Lakeside Bar + Grill, which serves brunch and dinner daily. The hotel offers a scenic outdoor pool, access to walking and biking trails and a beautiful lakeside view. The property also boasts 4,835 square feet of meeting space spread across 8 rooms as well as an expansive patio.

The Celebration Hotel is located just minutes from Orlando's collection of over a dozen theme parks, including Walt Disney World, Universal Studios and Islands of Adventure, ESPN Wide World of Sports, Sea World, and more. The Orlando market also boasts robust corporate and group demand drivers thanks to the city's surfeit of amenities and high quality of life.

The hotel will retain its affiliation with the Marriott family of brands and will rejoin Marriott's prestigious Autograph Collection after the transition. Marriott BONVoY members will continue to receive member benefits. Points and miles will still be awarded, and elite night credits will still be earned for applicable guests.

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