Peachtree Group Announces Grand Opening of Home2 Suites by Hilton in Ashburn, Va.

ATLANTA--(BUSINESS WIRE)--Peachtree Group ("Peachtree") announced the grand opening of Home2 Suites by Hilton in Ashburn, Va., in the Washington, D.C. metro area. The 122-room hotel, located at 4870 Lakeview Overlook Plaza, was developed by Peachtree and is the firm's seventh property completed and opened this year. Peachtree's hospitality management division will operate the hotel.

“Our relationship with Hilton is built on a shared focus on quality, consistency and long-term value,” said Mitul Patel, principal at Peachtree. “Home2 Suites by Hilton Ashburn reflects our post-COVID development approach, benefiting from improved supply chain visibility and a more stable construction environment that supports timely execution in markets backed by resilient demand drivers and strong economic fundamentals.”

Ashburn is widely known as “Data Center Alley” and ranks among the most important technology hubs in the world, with one of the highest fiber carrier densities globally and the leading data center market worldwide. Ongoing investment from major technology companies continues to reinforce the market’s strength, including Alphabet’s recent $1 billion expansion of Google’s data center campuses.

The hotel is located directly across from One Loudoun, a vibrant mixed-use destination featuring residences, more than 60 shops and over 20 restaurants. It is also less than 10 miles from Dulles International Airport.

Guests will experience a modern, efficient extended-stay design featuring spacious suites with in-room kitchens, open and flexible social spaces, complimentary breakfast, a fitness center, a 24/7 market and lounge areas that reflect Home2 Suites by Hilton’s focus on comfort, flexibility and connectivity.

Peachtree's hospitality management division operates premium, branded hotels across the upper-midscale and upscale segments, including limited-service, select-service and compact full-service properties. The division manages 112 hotels across 30 brands nationwide.

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.