New Orleans is about to see nearly 500 hotel rooms go up for grabs, as two Renaissance-branded properties head to an online commercial real estate auction starting next Monday, March 23. The package includes the 219-room Renaissance New Orleans Arts/Warehouse District and the 275-room Renaissance New Orleans Pere Marquette in the French Quarter, together offering thousands of square feet of meeting space. Sellers and brokers are pitching both hotels as value-add plays, with potential upside tied to guestroom and public-space renovations, as reported by Biz New Orleans.
According to Biz New Orleans, the properties are listed on RealINSIGHT Marketplace, with brokerage firm JLL handling the sales process in conjunction with the platform. The listings show that bidders…..