Peachtree Hotel Group Acquires Two Hotels in California in Partnership With Verakin Capital

Peachtree Hotel Group | November 16, 2021

ATLANTA, GA – November 16, 2021 – Peachtree Hotel Group ("Peachtree"), in its first joint venture partnership with Verakin Capital ("Verakin"), announced the acquisition of the 81-key Hampton Inn & Suites and the 60-key La Bellasera Hotel & Suites, in Paso Robles, California. Peachtree Hospitality Management ("PHM"), a division of Peachtree, will operate the properties. The Hampton Inn & Suites and La Bellasera Hotel & Suites were developed in 2003 and 2007, respectively, and are located at 206-212 Alexa Court in Paso Robles, which is in the heart of the state's central coast and proximate to over 40,000 acres of viney...