Peachtree Hotel Group Grows National Footprint

Snapping up the properties in three separate transactions, the company added nearly 400 guestrooms to its holdings, marking another big step in its national expansion plan.

Peachtree Hotel Group increased its holdings by 394 keys with the purchase of three assets. The hotels include Element Denver Park Meadows, Aloft Tempe and Hampton Inn Green Bay Downtown.

It’s a diverse group, but all three properties boast premier locations in their respective markets. Element Denver Park Meadows, carrying the address of 9985 Park Meadows Drive. in Lone Tree, Colo., features 123 guestrooms and a spot within an upscale retail and lifestyle center in suburban Denver. Standing at 951 E. Playa Del Norte Drive., the 136-key Aloft Tempe counts Arizona State University and Sun Devil Stadium as its neighbors. And rounding out the group is the 135-key Hampton Inn Green Bay Downtown, located at 201 Main St. in Green Bay, Wisc., within close proximity of KI Convention Center, Lambeau Field and the Oneida Casino…

Peachtree Hotel Group Grows National Footprint

Categories : Finance

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