Lodging Daily News

Peachtree Group Thrives Amid Debt Market Dislocation, Anticipates Deploying $1.0 Billion

Posted by LODGING Staff on  March 18, 2024
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Peachtree Group announced it closed approximately $660 million in credit investments since Dec. 1, 2023, with an additional $350 million anticipated closing over the next 30 to 45 days. The credit investments primarily encompass originations for hotels, multifamily, industrial, and student housing. In February, Peachtree closed one of the largest individual credit transactions in the firm’s history with a $102.9 million three-year loan to recapitalize a 350‐room Marriott dual-brand AC Hotel Sunnyvale Moffett Park and

First Hospitality Appoints Jason Kreul to COO

Posted by LODGING Staff on  March 18, 2024
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First Hospitality announced the appointment of Jason Kreul as chief operating officer. Kreul brings nearly 30 years of experience in the hospitality industry, including leadership positions in operations plus expertise in full-service, lifestyle, and independent properties.   Kreul will report to David Duncan, president and CEO, and will lead the operations, commercial strategy, and the people and talent groups at First Hospitality and play a role in further expanding the company’s hotel portfolio.   “Jason’s leadership and
What initially inspired you to get into the hospitality business? My grandparents owned a motel when I was young, and I enjoyed spending time with the housekeeper during the summers. As I progressed to college without a clear major in mind, I explored various electives, one of which was called “Hospitality Marketing.” I immediately loved it and discovered my passion for the field, feeling a sense of belonging in the realm of hospitality. Who were some

HUNTER Shares Speakers and New Initiatives Ahead of 35th Conference

Posted by LODGING Staff on  March 18, 2024
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ATLANTA, Georgia—The Hunter Hotel Investment Conference (HUNTER) announced featured speakers and new initiatives in this year’s programming. The additions to the 2024 schedule underscore HUNTER’s commitment to incorporating fresh topics and perspectives into its expanding attendee base. Among the speakers, HUNTER welcomes Cassie Kozyrkov, Google’s first chief decision scientist, to lead a session on artificial intelligence and its evolving impact on the hospitality industry. Additionally, joining the 2024 speaker lineup is Oz Pearlman, a mentalist
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NORWALK, Connecticut—HEI Hotels & Resorts added the DoubleTree by Hilton Atlanta-Roswell and DoubleTree by Hilton Atlanta–Alpharetta to its portfolio, bringing the total number of hotels managed in the metropolitan Atlanta market to 14. The 174-key DoubleTree by Hilton Atlanta-Roswell is located off Turner McDonald Parkway, within three miles of office parks, dining, and downtown Roswell. The property offers an outdoor pool, fitness center, lobby bar and lounge, and 10,000 square feet of meeting space. The