Skip to content
Search

Latest Stories

PeachState Hospitality picks TPG to manage properties

The companies also entered agreement for management of additional hotels in the pipeline

PeachState Hospitality picks TPG to manage properties

PEACHSTATE HOSPITALITY RECENTLY selected TPG Hotels & Resorts to manage 10 properties. The contract includes eight Marriott select service hotels and two IHG Hotels & Resorts select service hotels in Georgia.

Both the firms have entered into an exclusive strategic agreement for the management of additional hotels in the current and future pipeline to be developed by PeachState Hospitality which is headed by Danny Patel as president and CEO, the statement added.


"PeachState Hospitality is a leading owner and developer in our industry, and we are pleased to welcome them as a new partner and these exceptional properties into our portfolio," said Tim Muir, chief development officer, TPG Hotels & Resorts. "We look forward to growing our partnership as they accelerate their development platform over the next few years."

"We are thrilled to welcome the PeachState properties to our national portfolio," said Mike Marshall, president, TPG Hotels & Resorts. "Our operations philosophies, cultures, and core values are fully-aligned with PeachState's, which enables us to leverage our collective experience and resources to ensure optimal property performance and profitability."

TPG Hotels & Resorts' portfolio includes over 500 branded, independent, boutique hotels and marinas, comprising more than 65,000 guestrooms in 41 states.

"It was important to us to partner with a company that would not only ensure our assets would be profitable, but one that also shares our culture, values, and philosophy with regard to our associates and guests," said Ricky Raman, PeachState chief operating officer. "PeachState Hospitality will continue to remain an active investor in the travel and lodging space via our long-standing development platform. This strategic partnership with TPG further enhances PeachState's ability to develop and execute strategies within the hospitality industry.”

In December, Georgia hotelier Navin Patel contracted with Hospitality Ventures Management Group to manage his 111-room boutique Darwin Hotel in Atlanta.

More for you

Mark Hoplamazian and Greg Friedman at Hunter Hotel Conference 2025

Hyatt's Hoplamazian, Peachtree's Friedman to speak at Hunter

What Will Mark Hoplamazian Share at Hunter 2025?

MARK HOPLAMAZIAN, PRESIDENT and CEO of Hyatt Hotels Corp., will join Greg Friedman, managing principal and CEO of Peachtree Group, for a fireside chat at the Hunter Hotel Investment Conference on March 19. Hunter introduced this format last year with Anthony Capuano, CEO of Marriott International, as the featured guest.

In “A Conversation with Mark Hoplamazian,” he will share insights on his hospitality career, leadership approach, Hyatt's market position, company outlook and industry developments, Hunter said in a statement.

Keep ReadingShow less
ઇલિનોઇસ માનવ તસ્કરી વિરોધી બિલ પસાર કર્યું

ઇલિનોઇસ માનવ તસ્કરી વિરોધી બિલ પસાર કર્યું

ઇલિનોઇસ સેનેટની સ્થાનિક સરકાર સમિતિએ SB 1422ને મંજૂરી આપી, કર્મચારીઓની તાલીમ ફરજિયાત કરીને માનવ તસ્કરી સામે લડવાના હોટલ ઉદ્યોગના પ્રયાસોને મજબૂત બનાવ્યા. કાયદો સ્થાનિક સરકાર અને કાયદાના અમલીકરણને અનુપાલન પર દેખરેખ રાખવા અને ઉલ્લંઘન માટે દંડ ફટકારવાને મંજૂરી આપે છે.

ઇલિનોઇસ હોટેલ એન્ડ લોજિંગ એસોસિએશન સહિતના ઉદ્યોગ સંગઠનોએ સેન. માઇક હેલ્પિન (ડી-રોક આઇલેન્ડ) દ્વારા રજૂ કરાયેલા બિલની પ્રશંસા કરી હતી, જે હવે સંપૂર્ણ સેનેટ દ્વારા મતની રાહ જોઈ રહ્યું છે.

Keep ReadingShow less
Kevin Carey speaking at AHLA Foundation’s 2025 Night of a Thousand Stars fundraiser event.
Photo credit: American Hotel & Lodging Association

Carey is AHLA Foundation president and CEO

Who Is Kevin Carey, New AHLA Foundation CEO in 2025?

KEVIN CAREY, CHIEF operating officer and senior vice president of the American Hotel & Lodging Association, is now president and CEO of AHLA Foundation. He will remain AHLA’s chief operating officer while succeeding Anna Blue, who announced her departure in February after two years.

The announcement follows the Foundation’s Night of a Thousand Stars fundraiser, which gathered more than 400 industry leaders and raised more than $1 million for its initiatives, AHLA said in a statement.

Keep ReadingShow less
Renaissance Seaworld Orlando hosting LendingCon 2025 for hospitality and lending professionals

LendingCon 2025 set for Aug. 19-20 in Orlando, FL

What to Expect at LendingCon 2025 in Orlando?

LENDINGCON 2025 WILL be held Aug. 19 to 20 at the Renaissance Seaworld in Orlando, Florida, bringing together hospitality investors, lending professionals, real estate investors, developers, entrepreneurs and industry leaders. The fifth edition will continue as a platform for knowledge sharing, networking and collaboration.

The 2024 edition concluded with more than 800 industry professionals discussing trends, challenges, and opportunities in the lending sector, LendingCon said in a statement.

Keep ReadingShow less