Peachtree Group has added six hotels to its hospitality management division, expanding the company’s third-party management platform. Five of the properties are owned by La Posada Group LLC, including Fairfield Inn Evansville East in Ind., Fairfield Inn Las Cruces in N.M., SpringHill Suites Lawrence Downtown in Kan., TownePlace Suites Kansas City Overland Park in Kan., and TownePlace Suites Las Cruces 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 operates hotels across leading brands and markets nationwide. The company currently manages 115 hotels across 29 brands with 14,212 rooms in 27 states, including Washington, D.C. The six new additions increase the company’s third-party management portfolio 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.
