Courtyard by Marriott Indianapolis Plainfield Opens in IndianaFebruary 16, 2021
Courtyard by Marriott Indianapolis Plainfield has opened its doors in Plainfield, Indiana. Located at 450 Marketplace Mile in Plainfield, Indiana, the 117-room hotel near Indianapolis International Airport will operate as a Marriott franchise, owned and developed by Peachtree Hotel Group and managed by Peachtree Hospitality Management.
Hotel Operators Gear Up To Manage A Flood Of Bank-Owned PropertiesJanuary 6, 2021
A wave of hotels is expected to be taken over by banks and other lenders in the coming months, and some hospitality industry players are looking to build up management arms in hopes of operating those properties for their new owners.
Stonehill Closes on Nine CPACE Loans Totaling $100 Million in Q4January 6, 2021
Officials of Stonehill today announced the company’s PACE Division closed on nine Commercial Property Assessed Clean Energy (CPACE) loans totaling $100 million during the fourth quarter of 2020. The company also announced it is on track to close an additional $80 million in CPACE financing over the coming 90 days.
Peachtree Hospitality Management Forms Strategic Partnership with Zenique HotelsJanuary 5, 2021
Officials of Peachtree Hotel Group, one of the nation's fastest growing hotel investment and management platforms, and Zenique Hotels, a family-owned hotel owner, developer and operator based in Calif., today announced the two organizations have formed a strategic partnership. Under the terms of the agreement, Peachtree Hospitality Management (PHM), PHG's operational division, will manage Zenique's current portfolio of four hotels. The strategic partnership also makes PHM the operator of all Zenique's future hotels as it continues to grow nationwide.
Jamey Cua Named Vice President of Business Development of Peachtree Hospitality ManagementDecember 1, 2020
Peachtree Hotel Group, one of the nation’s fastest growing hotel investment and management platforms, today named Jamey Cua vice president of business development for its hotel operations and management division, Peachtree Hospitality Management (PHM). In the newly created role, Cua will be responsible for creating growth in third-party management partnerships by leveraging industry relationships and identifying new management opportunities.
Tapestry Collection By Hilton Welcomes Cumberland House Knoxville To One Of Tennessee’s Most Culturally Rich CitiesNovember 12, 2020
A new chapter begins in 'The Maker City' with the debut of Cumberland House Knoxville, Tapestry Collection by Hilton. After an extensive top-to-bottom and inside and out renovation and brand conversion, the hotel opens its doors today at 1109 White Avenue.
Patrick Short Named President of Peachtree Hospitality ManagementAugust 10, 2020
Officials of Peachtree Hotel Group, one of the nation’s fastest growing hotel investment and management platforms, today announced the promotion of Patrick Short to the president of its hotel operations and management division, Peachtree Hospitality Management (PHM). In this role, Short will provide cross-discipline leadership and strategic direction to PHM’s portfolio of 50 hotels.
Home2 Suites by Hilton St. Augustine I-95 OpensJuly 17, 2020
Developed and managed by Peachtree Hotel Group, Home2 Suites by Hilton St. Augustine I-95 offers guests convenient access to Historic St. Augustine, Flagler College and St. Augustine Beach.
Peachtree Hotel Group Opens SpringHill Suites Atlanta Perimeter Center Following Transformation and RebrandingJuly 8, 2020
Marriott International announced today that the SpringHill Suites by Marriott in Atlanta, Georgia is now open for business. The 150-suite hotel will operate as a Marriott franchise, owned by Peachtree Hotel Group and managed by Peachtree Hospitality Management both located in Atlanta, Georgia. General Manager Jennifer Geiger spearheads the management team at the property for Peachtree Hotel Group.
Element Orlando Universal Blvd Opens Near Orange County Convention Center OrlandoJune 29, 2020
The Element Orlando Universal Blvd, part of the Marriott International brand of hotels, opens at ICON Park in Orlando, FL on June 29, 2020. The eight-story hotel features 165 guest suites with its focus on sustainability, wellness, and caters to today’s healthy and active traveler.
Stonehill Secures Financing Facility for $100 Million in Property Assessed Clean Energy (PACE) Lending for All Asset ClassesMay 4, 2020
Officials of Stonehill today announced the company has secured financing for $100 million of Property Assessed Clean Energy (PACE) lending for all commercial real estate asset classes. The additional, privately-funded capacity already is being used to retroactively fund multiple development projects impacted financially by the on-going coronavirus pandemic.
Peachtree Hotel Group CEO Greg Friedman on how Covid-19 has affected hotelsApril 17, 2020
Greg Friedman, Peachtree Hotel Group CEO, joins “Squawk on the Street” to discuss how the coronavirus shutdowns have hurt the travel and hotel industry.