The new Sazz Bar, inspired by the New Orleans cocktail called Sazerac, will have red and orange tones. Credit: Ashford Hospitality Trust/PRNewswire.

Ashford Hospitality Trust has entered a new franchise agreement with Marriott International to transform its Le Pavillon Hotel in New Orleans into a Tribute Portfolio property by the first quarter of next year.

Remington Hospitality will remain the property manager.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

Ashford Trust president and CEO Rob Hays said: “With its prime location and proximity to major demand generators in downtown New Orleans, the transformation of this landmark hotel to a Tribute property is expected to elevate the hotel into a desirable niche in the very attractive New Orleans market.

“We remain focused on maximising the value of our assets and look forward to realising an enhanced financial performance from this property post-conversion.”

This historic hotel, with its rich history in NOLA culture, will be redesigned to cater to the present era.

See Also:

Located on Poydras Street, the hotel’s renovation will include upgrading the restaurant, the 266 guestrooms, guest bathrooms, corridors and the hotel lobby bar.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

The new Sazz Bar, inspired by the New Orleans cocktail called Sazerac, will have red and orange tones.

Constructed in 1907, the hotel is situated close to the French Quarter and stands four streets away from Bourbon Street.

Le Pavillon Hotel, also known as ‘Belle of New Orleans’, is currently a member of Historic Hotels of America.

Ashford expects the new Tribute Portfolio property to help it achieve a 10% to 20% revenue per available room increase following the conversion.

Ashford Hospitality Trust is a real estate investment trust dedicated to investing in upper-upscale, full-service hotels.