Historic 1927 Chattanooga Building Reopens as Waymark Hotel

The converted 148-room hotel is part of Hilton's Tapestry Collection.

Published on Feb. 10, 2026

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The historic 1927 Chattanooga Savings Bank & Trust Company building has reopened downtown as The Waymark Hotel, part of the Tapestry Collection by Hilton. The converted 148-room hotel is owned by HKS Holdings and will be managed by Concord Hospitality, with a focus on preserving the building's original character while introducing a modern aesthetic.

Why it matters

The reopening of this landmark building as a boutique hotel is part of the ongoing revitalization of downtown Chattanooga's central business district, blending historic preservation with new investment and energy to attract both locals and visitors.

The details

The extensive renovation was designed to preserve the building's original character, including grand arched windows, detailed masonry, and marble accents, while introducing a modern design aesthetic. The hotel features 148 guestrooms with curated furnishings and custom artwork, as well as two signature concepts: Iris Rooftop Bar and The Vault, a speakeasy located within the building's original bank vault. Other additions include a market café, meeting spaces, and a contemporary fitness center.

  • The historic 1927 Chattanooga Savings Bank & Trust Company building had been vacant for nearly two decades before the renovation.
  • The Waymark Hotel officially opened on February 10, 2026.

The players

HKS Holdings

The Milwaukee-based real estate development company that owns The Waymark Hotel.

Concord Hospitality

The Raleigh, North Carolina-based company that will manage the operations of The Waymark Hotel.

Tyler Hawley

The principal of HKS Holdings, the company that owns The Waymark Hotel.

Dannialle Neville

The regional vice president of operations for Concord Hospitality, the company managing The Waymark Hotel.

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What they’re saying

“Along with the vision of all of our real estate developments, this hotel was about honoring the character of the building while bringing new energy to downtown Chattanooga's central business district. We're proud to create a space that blends history, design and community in a way that will be enjoyed for years to come.”

— Tyler Hawley, Principal, HKS Holdings (hotelmanagement.net)

“The Waymark is more than a hotel—it's a destination designed to bring locals and visitors together. From the warmth of the lobby to the rooftop's panoramic views, every detail pays tribute to Chattanooga's creative energy.”

— Dannialle Neville, Regional Vice President of Operations, Concord Hospitality (hotelmanagement.net)

What’s next

The Waymark Hotel is expected to host a grand opening celebration in the coming weeks to welcome the community and showcase the restored historic building.

The takeaway

The transformation of the 1927 Chattanooga Savings Bank & Trust Company building into The Waymark Hotel is a prime example of how historic preservation can be combined with modern design and amenities to create a unique hospitality experience that celebrates a city's heritage while also attracting new visitors and investment to the downtown area.