CBL Properties Celebrates Opening of Element Hotel by Westin at Mayfaire Town Center in Wilmington, North Carolina

(NYSE:CBL) CHATTANOOGA, Tenn.--(BUSINESS WIRE)--CBL Properties (NYSE:CBL) today announced that Element by Westin is now open at Mayfaire Town Center in Wilmington, North Carolina. The 139-key hotel is located on International Drive and is a 49/51 joint venture between CBL and Chattanooga-based Vision Hospitality. “When we acquired Mayfaire Town Center in 2015, we saw a significant opportunity to further diversify the mix of uses available on the campus,” said Stephen Lebovitz, chief executive officer, CBL