Peachtree Group, a prominent name in commercial real estate investment, proudly announces the grand opening of its latest venture—a dual-branded TownePlace Suites and Fairfield Inn & Suites in Paris, Texas. With 51 suites under TownePlace Suites and 62 suites under Fairfield Inn & Suites, the new property aims to provide a blend of comfort, convenience, and modern amenities, catering to both short and extended stays. Peachtree will manage the property on behalf of TEKMAK Development Company, continuing their successful partnership in hospitality management.

Strategic Partnership with TEKMAK Enhances Peachtree’s Hospitality Footprint

Peachtree Group’s collaboration with TEKMAK Development Company, a leading hospitality development firm, began in 2023. This strategic partnership involved Peachtree taking on third-party management for three of TEKMAK’s hotels. The alliance includes operational control of SpringHill Suites Dallas Rockwall and the upcoming TownePlace Suites by Marriott in Forney, Texas. This dual-branded venture in Paris, Texas, marks another significant milestone in their partnership, strengthening Peachtree’s position in the hospitality sector.

Exceptional Amenities and Prime Location

Situated conveniently off US-271, the dual-branded hotel provides easy access to key regional airports, including Dallas/Fort Worth International Airport, Dallas Love Field Airport, and Texarkana Regional Airport. The hotels share numerous amenities, enhancing guest experiences, including:

• A full lobby bar for social gatherings and relaxation.
• An outdoor pool perfect for leisure and family fun.
• A 24/7 fitness center to cater to health-conscious travelers.
• Complimentary daily breakfast buffets to kickstart mornings.
• 535 square feet of versatile meeting space, ideal for business travelers.

Unique Offerings by TownePlace Suites and Fairfield Inn & Suites

While the hotels share many facilities, each brand maintains its distinctive offerings to cater to varied guest preferences:

• TownePlace Suites: Designed for extended stays, these suites feature fully equipped kitchens, spacious layouts, and pet-friendly accommodations, ideal for families and long-term visitors.
• Fairfield Inn & Suites: These modern guest rooms are optimized for productivity and relaxation, equipped with ergonomic workspaces, contemporary designs, and luxurious bedding for a rejuvenating experience.

Peachtree Group’s Expanding Hospitality Management Division

Peachtree Group’s hospitality management division has carved a niche in operating premium-branded hotels across upper-midscale and upscale segments. From limited-service to select-service and compact full-service properties, the division manages 107 hotels across 27 brands, comprising 13,360 rooms across 26 states. The addition of this dual-branded property in Paris, Texas, highlights Peachtree’s strategic growth and commitment to delivering exceptional guest experiences.

About Peachtree Group

Peachtree Group is a vertically integrated investment management firm renowned for its strategic investments in dislocated markets, particularly in commercial real estate. With billions in capital under management, Peachtree’s diversified portfolio spans acquisitions, development, and lending, supported by comprehensive services designed to enhance and protect its investments.

A New Benchmark for Hospitality in Paris, Texas

The grand opening of TownePlace Suites and Fairfield Inn & Suites in Paris, Texas, represents Peachtree Group’s dedication to innovation, luxury, and comfort in the hospitality industry. This dual-branded property is set to redefine the lodging experience in the region, catering to a broad spectrum of travelers, from business professionals to vacationing families.

Guests can now experience the perfect blend of comfort, convenience, and contemporary living at this premier destination in Paris, Texas, as Peachtree Group continues to set new standards in hospitality management.

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