Peachtree Set to Outpace Record 2013 Hotel Growth

ATLANTA—Peachtree Hotel Group completed seven hotel deals in the first half of 2014. That puts the hotel investment and management group on track to add 12 to 14 hotel assets to its portfolio—through a combination of acquisitions, new development, and mortgage loan originations—by the end of the year.

“As predicted, 2014 is proving to be a strong year for the hotel industry as a whole and Peachtree has enjoyed the rising tides, with our existing portfolio experiencing robust gains in RevPAR and profitability,” says Greg Friedman, Peachtree CEO. “Our ability to deploy capital at different levels in the capital stack has allowed us to maintain a healthy pipeline of investment opportunities in this competitive market.”