Steve Mackenzie is now executive vice president of hotel operations at Peachtree Group's hospitality management division. In this role, he will oversee the financial performance of Peachtree’s hotel portfolio, ensure adherence to franchise procedures, regulations and standards, and foster company culture and team growth, Peachtree said in a statement.
Peachtree is led by Greg Friedman as managing principal and CEO, Jatin Desai as managing principal and CFO and Mitul Patel as Principal.
“Steve has been instrumental in the exceptional growth and results of our hospitality management portfolio over the past six years,” said Vickie Callahan, Peachtree’s hospitality management division president. “His leadership will continue to guide the team as we grow our portfolio.”
Callahan, who was recently promoted to president, oversees 88 hotels across 27 brands, with 11,173 rooms in 23 states and Washington, D.C.
Mackenzie, with more than 25 years of hospitality experience, most recently served as area director for Hilton, overseeing company-managed properties in Florida, including Embassy Suites, Hilton Garden Inn, Homewood and Hampton. His previous roles include vice president of operations at Harris Hotel Group and area general manager at Greenpark Management.
“Peachtree has an aggressive appetite for growth, and I cannot wait to expand my role and continue to build the brand and the portfolio,” he said.
In July, Peachtree closed its first CPACE financing in Tennessee with a $10.7 million loan for a four-story, 75,000-square-foot Class-A office in Nashville. In June, the company issued a $40 million retroactive CPACE loan to BLG San Diego LLC for the new 147-room AC Hotel San Diego Downtown Gaslamp Quarter.
