Close

Cart

Total $0.00

Checkout

ATLANTA, Sept. 13, 2017— Officials of Peachtree Hotel Group (PHG), one of the nation’s fastest growing hotel investment and management platforms, today announced the separate, completed acquisitions of the 123-room Element Denver Park Meadows in Colo., the 135-room Hampton Inn Green Bay Downtown in Wis., and the 136-room Aloft Tempe in Ariz. 

“As we continue to grow our national footprint, we are increasingly focused on westward expansion,” said Brent LeBlanc, senior vice president.  “While we continue to have great faith in markets east of the Mississippi as evidenced by the Hampton Inn purchase, we believe there are numerous growth opportunities in the West.  There are a number of new regions for Peachtree to explore that meet our criteria of strong, secondary and tertiary markets with high barriers to new entry, as well as numerous demand generators that appeal to both business and leisure travelers.”

  • Element Denver Park Meadows—Located at 9985 Park Meadows Drive, the hotel is part of an upscale retail and lifestyle center in Lone Tree’s bustling Entertainment District and near Centennial Airport and the Denver Tech Center.  The property also is a quick 20-minute light rail trip to INVESCO Field and Downtown Denver.  
     
  • Hampton Inn Green Bay Downtown—Situated at 201 Main Street, near such attractions as KI Convention Center, Lambeau Field and the Oneida Casino.
     
  • Aloft Tempe—The property is a LEED certified hotel featuring a loft-inspired design and is nestled between Arizona State University, Sun Devil Stadium and Tempe Town Lake.  

About Peachtree Hotel Group

Peachtree Hotel Group operates, develops and invests in premium-branded, select- and limited-service and extended-stay hotel assets under the Marriott, Hilton, Hyatt, Choice and InterContinental Hotels Group flags. Since its inception, Peachtree has invested in more than $1.4 billion of hotel properties and first mortgage notes. Peachtree's current portfolio is comprised of 74 hotel assets totaling 8,599 rooms, including 33 real estate assets and 41 notes. For more information, please visit www.peachtreehotelgroup.com.

Contact: Chris Daly, media

chris@dalygray.com / (703) 435-6293

Related News

Peachtree Hotel Group and Celebration Pointe Holdings Break Ground on 140-Room Hotel Indigo in Gainesville, Florida

Peachtree Hotel Group (PHG) Acquires 96-Suite TownePlace Suites Gainesville Northwest, Florida

China Lodging Group Enters Into Definitive Agreement to Acquire Crystal Orange Hotels

Peachtree Hotel Group (PHG) Opens Newly-Developed 90-Room Home2 Suites Prattville in Alabama

PlumpJack Group Expands Portfolio with Acquisition of the Ingleside Inn and Melvyn's Restaurant & Lounge in Palm Springs, Calif.

Peachtree Hotel Group Acquires Five Hotels and Signs Five Development Projects with $155 Million Investment

Hersha Hospitality Trust Completes Acquisition of the Ambrose Hotel in Santa Monica, CA for $47.5 million

sbe Completes Acquisition Of Morgans Hotel Group

PRISA Group - McVC and Peachtree Hotel Group Join Forces to Develop Three Florida Hotels

Paramount Lodging Advisors Arranges the Sale of 649 Jones Street Formerly “Halcyon Hotel” Located in San Francisco, California

Peachtree Hotel Group to Add Ten Hotels to Portfolio with $183 Million Investment

Paramount Lodging Advisors Assists In Seventh Successful Indiana Transaction In Five Months

Boston Lodging Market Poised for Continued Growth and Investor Appeal

Peachtree Hotel Group Opens DoubleTree by Hilton Biloxi Following Multimillion-Dollar Renovation and Conversion

Brian Waldman Joins Peachtree Hotel Group as Senior Vice President of Investments

The 105-room Courtyard by Marriott Starkville MSU at The Mill Conference Center Opens in Mississippi

Technology Due Diligence Tips for Hotel Acquisitions

Peachtree Hotel Group Opens the 90-room Hampton Inn & Suites Vero Beach Downtown in Florida

Managed by Peachtree Hotel Group, the 88-room Hampton Inn & Suites Columbus Opens in Mississippi

Owned & Managed by Peachtree Hotel Group, 116-key SpringHill Suites San Antonio Downtown to Open

All News »

Please login or register to post a comment.