Peachtree Hospitality Management Grows its Third-Party Management Business with HOS Management Partnership
Adds nine hotels to its managed portfolio
ATLANTA - Peachtree Hospitality Management ("PHM") has formed a long-term partnership with Savannah-based HOS Management ("HOS") to operate nine of its hotels with the potential for additional locations to be managed in the future. The current HOS hotel properties are primarily in the Southeast and are Marriott, Hilton and IHG branded hotels.
We have a wealth of experience managing hotels and providing best-in-class operations for our valued partners like HOS Management, who have entrusted us with their hotel operations. With 25% of our portfolio third-party managed, we are committed to protecting the assets value and driving bottom lines results for our partners while providing an outstanding experience for our hotel guests. Patrick Short, PHM's president
PHM, a division of Peachtree Group, operates premium-branded, limited-, select- and compact full-service hotels primarily in the upper-midscale and upscale segments. Today, the company manages 87 hotels across 25 brands with 10,496 rooms in 22 states. These nine HOS hotels expand PHM's third-party operations to 23 hotels in nine states.
We are thrilled to collaborate with Peachtree, and we have been pleased with the onboarding process, and the overall attention Patrick's team has provided us. With significant experience with the major hotel brands, this partnership with Peachtree will serve us well as we grow our hotel portfolio.
Kris Patel, president of HOS
Under the terms of the Partnership, HOS will benefit from PHM's expertise in managing hotel operations in compliance with hotel brand standards, scalable operating efficiencies, experienced talent acquisition teams, digital and market initiatives, renovation expertise and other cost saving across the portfolio.
The HOS hotels include:
- 132-room Hilton Garden Inn Savannah Midtown in Savannah, Georgia
- 120-room Hampton Inn & Suites Savannah Midtown in Savannah, Georgia
- 116-room Home2 Suites by Hilton Baton Rouge Citiplace in Baton Rouge, Louisiana
- 113-room Four Points by Sheraton Brunswick in Brunswick, Georgia
- 101-room Cambria Hotel Savannah Downtown Historic District in Savannah, Georgia
- 99-room Home2 Suites by Hilton Flower Mound in Flower Mound (Dallas MSA), Texas
- 97-room Hampton Inn & Suites by Hilton in Brunswick, Georgia
- 93-room Courtyard by Marriott in Brunswick, Georgia
- 82-room Holiday Inn Express in St. Augustine, Florida
These hotels mark the first of hopefully many more fruitful endeavors with HOS Management,
Short said. We are thrilled hotel owners recognize the breadth and depth of experience our coast-to-coast team brings to the table and our record of revenue management performance.
About Peachtree Hospitality Management
Peachtree Hospitality Management, an affiliate of Peachtree 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 an uncommon customer experience. PHM manages the performance of 87 hotels across 25 brands with 10,333 rooms located in 22 states. For more information, visit www.peachtreegroup.com.
About Peachtree Group
Peachtree Group is a vertically integrated investment management firm specializing in identifying and capitalizing on opportunities in dislocated markets, anchored by commercial real estate. Today, we manage billions in capital across acquisitions, development, and lending, augmented by services designed to protect, support and grow our investments. For more information, visit www.peachtreegroup.com.
