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

Peachtree Hotel Group | January 30, 2017

ATLANTA, Ga., January 30, 2017—Officials of Peachtree Hotel Group (PHG), one of the nation's fastest growing hotel investment and management platforms, today announced it made five hotel acquisitions and undertook five development projects totaling approximately $155 million during the second half of 2016, increasing to its growing portfolio of select- and limited-service hotels nationwide by approximately 1,250 rooms. "While most indicators suggest we are near the peak of the current hospitality cycle, we firmly believe there remain a number of prudent and profitable investment opportunities that provide compelling value," said B...