GROUP BUYS KNOXVILLE HOTEL, PLANS 2-YEAR RENOVATION

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KNOXVILLE, TENN. — HI World's Fair Park LLC has purchased the 293-room Holiday Inn-World's Fair Park from a group of owners led by Franklin Haney, a Chattanooga, Tenn., developer, for an undisclosed amount. The hotel, located on Henley Street in downtown Knoxville, was constructed for the 1982 World's Fair Exposition. The buyers have begun a 2-year renovation of the property, which is proximate to the Knoxville Convention Center.

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