Peachtree Increases Footprint with Acquisition of Seven Hotels
ATLANTA — Peachtree Hotel Group continues to capitalize on the hotel industry’s recovery by acquiring seven premium-branded hotels for approximately $135 million. The acquisitions, totaling 829 rooms, include six Hilton hotels and one Marriott hotel. All hotels will be operated by Peachtree Hospitality Management (PHM), a division of Peachtree. “These acquisitions are complementary to our existing portfolio of high-quality, well-located assets with strong demand generators,” said Brian Waldman, Peachtree’s executive vice president, investments. “We experienced […]
The post Peachtree Increases Footprint with Acquisition of Seven Hotels appeared first on LODGING Magazine.
U.S. Hotel Results for Week Ending Dec. 14
WASHINGTON, DC—The U.S. hotel industry reported positive year-over-year performance comparisons, a
WaterWalk Holding Company Completes Successful Sale of WaterWalk Phoenix
WICHITA, Kansas—WaterWalk is pleased to announce the successful sale of its WaterWalk Phoenix Nort
MMGY: U.S. travel demand reaches four-year high
Accentuated by upticks in brand loyalty and outbound tourism, Americans expressed their strong appet
