NEWS
Peachtree Group’s development portfolio surpasses 2 billion dollars across the United States
Peachtree Group has announced that its hotel development portfolio has exceeded 2 billion dollars nationwide, underscoring its position as one of the most active hospitality developers in the United States. The milestone reflects a growing pipeline that spans beachfront resorts, urban lifestyle hotels and high rise dual branded projects in key markets. Recent openings and construction progress in destinations such as Gulf Shores, Dallas, Austin, San Antonio, Maui, Detroit and Jackson highlight the breadth of the group’s activity. The company also continues to build a significant presence in Qualified Opportunity Zones, where it now counts multiple open hotels, projects under construction and further developments in the pipeline.
One of the largest properties to open in 2025 within the portfolio is the Embassy Suites Beach Resort in Gulf Shores, Alabama, a beachfront hotel with 257 all suite guest rooms spread across eight stories. The resort offers water views, varied food and beverage outlets and resort style amenities, reinforcing Peachtree Group’s focus on high impact leisure projects. In Dallas, construction teams have celebrated the topping out of the dual branded AC and Moxy by Marriott Uptown, currently the firm’s tallest hotel development at 19 stories. Located on the McKinney Avenue corridor, known for its mix of dining, nightlife, corporate offices and luxury residential properties, the 264 room project is expected to open in the summer of 2026 and will add a lifestyle driven option to the market.
In Austin, Peachtree Group is developing another dual branded tower that will combine an Embassy Suites and Tempo by Hilton within a 30 story building. The project will deliver 480 guestrooms along with a rooftop bar and lounge featuring skyline views, plus 10,000 square feet of first and second floor space to be operated by a national restaurant group. These developments illustrate the company’s strategy of pairing strong global brands with prime locations and mixed use components to create properties that appeal to both guests and local communities. At the same time, the group’s Opportunity Zone programme continues to advance, with the topping out of Residence Inn San Antonio and the openings of Hampton Inn & Suites Maui and AC Hotel Detroit.
Peachtree Group has become one of the most active hotel developers in Qualified Opportunity Zones, with 11 hotels already open, four under construction and three more in the pipeline. The firm also recently marked the opening of Homewood Suites Jackson, Tennessee, adding to its select service and extended stay portfolio. Looking ahead, it expects to deliver two more hotels in 2025: a Home2 Suites in Ashburn, Virginia, and a Tru by Hilton in Huntsville, Alabama. These projects, together with the group’s larger resort and urban towers, demonstrate a development strategy that stretches across segments and geographies while maintaining a consistent focus on branded hotels with strong demand drivers.
The scale of activity comes despite a challenging macroeconomic environment characterised by high interest rates, elevated construction costs and tighter credit conditions that have slowed new supply in many markets. Peachtree Group attributes its ability to keep building to its vertically integrated platform and access to capital, which allow it to partner with leading brands and deliver projects on time and on budget. By surpassing the 2 billion dollar threshold in its development portfolio and advancing a robust pipeline from Gulf Shores to Dallas, Austin, San Antonio and beyond, the firm is reinforcing its role as a key player in shaping the next wave of hotel supply across the United States.
Source: Peachtree Group
TAGS
By using the website, you agree to the use of cookies in accordance with your browser settings.
Privacy Policy