PEG Companies
PEG Hospitality Group Opens The Moxy Phoenix Downtown in Arizonia
Moxy | December 22, 2023
Historic 100-year-old building transformed into a Moxy by Marriott Hotel PHOENIX (Dec. 22, 2023) - Downtown Phoenix is now home to an eclectic international hotel concept, The Moxy. The playful hotel announced its opening today in the historic Luhrs Building. PEG Companies [PEG], a vertically integrated commercial real estate investment company focused on opportunistic and value-added opportunities, and Dallas-based A.G. Hill Partners purchased the historic Luhrs building at the end of 2019. Since that time, the team worked to renovate and convert the building's interior while preserving the exterior facade. Located on the corner of Centra...
Hotel Equities Opens New Courtyard by Marriott Nanaimo in British Columbia
Hotel Equities (HE) | March 16, 2023
EDMONTON, AB, CANADA – March 16, 2023 – Today, Hotel Equities (“HE”) announced the grand opening of the Courtyard by Marriott Nanaimo, a 172-room hotel in downtown Nanaimo, British Columbia. Hotel Equities partnered with Utah-based commercial real estate leader PEG Companies (“PEG”) and Petroglyph Development Group to manage the new hotel. “We are thrilled to have the opportunity to expand our presence in the Canadian market,” said Ryan McRae, VP of Business Development for Hotel Equities. “The Vancouver Island market has been a focus of ours for quite some time and we look forward to having representation in this...
PEG Companies and EKN Development Group Open Hyatt House Rochester / Mayo Clinic Area
PEG COMPANIES | June 25, 2021
ROCHESTER, Minn. - June 25, 2021 - After nearly three years of planning and zoning, 20 months of construction, and a global pandemic that presented unique development challenges, joint-venture partners PEG Companies [PEG] and EKN Development Group [EKN] have formally opened Rochester, MN's first completed opportunity zone project, the Hyatt House Rochester / Mayo Clinic Area. With In-Group Hospitality: A PEG Company [IGH] managing operations, the highly anticipated hotel hosted a ceremonial ribbon cutting celebration with the community this week. Located at 315 1st Ave NW, Hyatt House Rochester / Mayo Clinic Area brings 172 ...
Hyatt House Rochester / Mayo Clinic Opens in Minnesota
HYATT HOUSE | March 25, 2021
Rochester, Minn. – March 25, 2021 – Hyatt House Rochester / Mayo Clinic Area is pleased to celebrate the 172-room hotel’s opening. Owned by PEG Companies and managed by In-Group Hospitality: A PEG Company, Hyatt House Rochester / Mayo Clinic Area is conveniently located in Rochester, Minn., and provides guests the service and convenience of hotel living with the casual comforts of home. The hotel adds value to the City of Rochester as the first ever Qualified Opportunity Zone project, as part of the Destination Medical Center initiative to revitalize the downtown area and fills the need for extended stay accommodations for Mayo Clinic p...
