Peachtree Group Expands Hotel Management Portfolio with Six New Properties

ATLANTA--(BUSINESS WIRE)--Peachtree Group’s (“Peachtree”) hospitality management division has added six new hotels to its growing third-party management platform, underscoring the company’s ability to deliver best-in-class operations for hotel owners nationwide.

Five of the hotels are owned by La Posada Group LLC and include Fairfield Inn Evansville East in Ind., Fairfield Inn Las Cruces in N.M., SpringHill Suites Lawrence Downtown in Kansas, TownePlace Suites Kansas City Overland Park in Kan., and TownePlace Suites Las Cruces, also in N.M. Peachtree also assumed management of the Hampton Inn Monahans in Texas, owned by Decatur Properties Holdings.

“Our third-party management business is experiencing meaningful growth, and these six hotels further demonstrate the trust owners are placing in our team,” said Vickie Callahan, president of Peachtree’s hospitality management division. “We have a wealth of experience managing hotels and providing best-in-class operations for our valued partners who have entrusted us with their hotel operations. We are committed to protecting the asset’s value and driving bottom-line results for our partners while providing an outstanding experience for our hotel guests.”

Peachtree Group’s hospitality management division manages hotels across leading brands and markets nationwide. Today, the company operates 115 hotels across 29 brands with 14,212 rooms in 27 states, including Washington, D.C. The six additions expand Peachtree’s third-party operations to 42 hotels.

“Our team leverages scale, advanced operating systems and deep brand relationships to optimize revenue, control costs and deliver strong guest satisfaction scores,” Callahan said.

About Peachtree Group

Peachtree Group is a vertically integrated investment management firm specializing in identifying and capitalizing on opportunities in dislocated markets, anchored by commercial real estate. Today, the company manages billions in capital across acquisitions, development and lending, augmented by services designed to protect, support and grow its investments. For more information, visit www.peachtreegroup.com.