Industry Update
Press Release 9 February 2017

Completed Development and Opening of 90-Room Home2 Suites Prattville in Alabama

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Peachtree Hotel Group

ATLANTA, Ga. -- Officials of Peachtree Hotel Group (PHG), one of the nation's fastest growing hotel investment and management platforms, today announced the completed development and opening of the 90-room Home2 Suites Prattville in Ala. The hotel marks the first Home2 Suites for the company, bringing PHG's total hotel portfolio to 33.

Situated at 2505 Legends Drive, the extended-stay, pet-friendly hotel is convenient to the RT Capitol Hill Golf Course, historic Prattville and downtown Montgomery. Guest suites feature separate living and sleeping areas, as well as a fully equipped kitchen. Hotel amenities include a fitness center, saline pool, outdoor patio area, complimentary, daily breakfast and state-of-the-art business center.

PHG continues to seek additional acquisition and development opportunities. To discuss additional growth possibilities, contact Brent LeBlanc at 713-666-2544 or [email protected].

About Peachtree Hospitality Management

Peachtree Hospitality Management, a division of Peachtree Hotel Group, is a hotel management company that creates loyalty across all stakeholders: team members, guests and owners. PHM's proprietary systems and processes maximize financial performance and value of every asset, deliver efficiencies and enable hotel teams to provide guests with unique and memorable experiences. PHM manages 59 hotels across 20 brands, with 7,023 rooms located in 17 states. In 2020, PHM ranked number 40 on Hotel Business' top hotel management company list - up 15 spots since 2019.

About Peachtree Hotel Group

Peachtree Hotel Group operates, develops and invests in premium-branded, full-, select- and limited-service and extended-stay hotel assets under the Marriott, Hilton, Hyatt, Choice and InterContinental Hotels Group flags. Since its inception, Peachtree has invested in more than $4.2 billion of hotel properties and first mortgage notes. Peachtree's current portfolio is comprised 160 hotels or hotel backed assets totaling 20,366 rooms, 63 hotels and 97 notes. For more information, please visit www.peachtreehotelgroup.com.

Contact
Chris Daly
Phone: (703) 435-6293
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