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Stock impact report

Peachtree Group Announces Grand Opening of Dual-Branded TownePlace Suites/Fairfield Inn & Suites Paris, Texas [Yahoo! Finance Canada]

Summit Hotel Properties, Inc. (INN) 
Last summit hotel properties, inc. earnings: 2/25 04:35 pm Check Earnings Report
US:NYSE Investor Relations: investor.shpreit.com
real estate investment platform, today announced the grand opening of the dual-branded, 51-suite TownePlace Suites and the 62-suite Fairfield Inn & Suites in Paris, Texas. Peachtree will operate the hotel on behalf of TEKMAK Development Company ("TEKMAK"). "We continue to seek best-in-class partners as we grow our third-party management portfolio," said Vickie Callahan, president of Peachtree's hospitality management division. "The new-build hotels will help to meet the growing demand created by the ever-increasing business and leisure travel to Paris. These Marriott-branded properties were designed to provide the latest and most requested services and amenities that guests need to make a stay on the road a little bit more like home." In 2023, Peachtree partnered with TEKMAK, a full-service hospitality development company, to provide third-party management for three of its hotels. As part of this partnership, Peachtree assumed operations of the SpringHill Suites Dallas Rockwall an Show less Read more
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