LOUISVILLE, Ky. (WDRB) -- A familiar site along Fern Valley Road and I-65 in south Louisville for many years is getting an upgrade.
Formerly a Holiday Inn, the Fern Valley Hotel and Conference Center is under new ownership.
Fern Valley Holdings LLC, the first hotel property for a New York City-based ownership group with a number of real estate holdings across the country, acquired the hotel.
The new owners plan to spend millions of dollars upgrading the property to make some much needed improvements.
New management believes the hotel still has a lot going for it.
"I believe it has a great location," said General Manager Jahangir Hadjmohmmadreza. "It is close to the airport and close to Kentucky Kingdom which is reopening soon."
With an indoor pool, the hotel hopes to appeal to families in town for a weekend of fun at nearby attractions.
New carpet has already been installed in the hallways and other public areas.
In a few weeks, work will begin on a step by step process of renovating the hotel's 406 rooms including new TVs.
"We will be going into the rooms and renovating them about 20 at a time we'll be changing the carpet, the wallpaper and the bedding," said Hadjmohmmadreza.
It will take a couple of years to complete the room renovations.
A new management team has been working with the Louisville Convention and Visitors Bureau to attract more business meetings and moderate size conventions to the hotel.
"We have 21,000 square feet of meeting space and our 400 guest rooms give us enough space to host a good size convention," said Monica Becht, the hotel's director of sales.
So improvements will also be made to the ballrooms and meeting rooms.
"We are going to have new chandeliers and new decor for the hotel just trying to upgrade and make the hotel more modern," said Becht.
More modern to have a bigger role in Louisville's growing tourism and convention business.
"It is exciting to see all of these hotel properties opening in downtown Louisville," saidHadjmohmmadreza, "and for us being here we certainly want to put our name on that map as well."
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