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3H Group, LBA Hospitality open dual brand in Chattanooga, TN

Both companies claim to have a strong pipeline of hotels in development

3H Group, LBA Hospitality open dual brand in Chattanooga, TN

3H Group and LBA Hospitality recently opened their first dual-branded IHG hotels in Chattanooga, Tennessee: Candlewood Suites Chattanooga East and Holiday Inn Express Chattanooga East, adding 154 rooms to the area. Holiday Inn Express serves families and business travelers, while Candlewood Suites focuses on extended-stay guests.

3H Group is led by President and CEO Hiren Desai, while LBA Hospitality is led by President Beau Benton.


"By focusing on Chattanooga's thriving market, we're not just growing our presence; we're building on our established track record of success," Benton said. "Our intimate knowledge of the Chattanooga landscape, shaped by hands-on management of several other local Chattanooga hotels, empowers us to not only promise and deliver an exceptional stay experience for our guests, but also to forge substantial growth and profitability for our owners."

3H Group recently acquired the Hyatt Place Tampa Airport/Westshore in Tampa, Florida, as part of a broader strategic initiative with LBA Hospitality. Both companies had then noted a strong pipeline of hotels in development.

In April, 3H Group broke ground on Caption by Hyatt Chattanooga, the brand's first Tennessee location. The 123-room hotel, developed under a franchise agreement, is set to open in early 2026. The company is also developing a Hyatt Studios hotel in Mobile, Alabama, slated for early 2025.

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Peachtree closes $3B in credit, $538M CPACE
Photo credit: Peachtree Group

Peachtree closes $3B in credit, $538M CPACE

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  • Peachtree deployed $3B in credit transactions and closed 31 CPACE deals totaling $538.2M.
  • It entered private credit in 2010 and offers loans, CPACE, mezzanine and preferred equity.
  • The firm also deployed over $2B across non-hospitality sectors.

PEACHTREE GROUP DEPLOYED $3 billion in credit transactions in 2025, an 86.8 percent increase from 2024 and closed 31 CPACE transactions totaling $538.2 million. The firm also expanded its government lending platform, including USDA and other federally guaranteed programs, to support sponsors across asset types and capital needs.

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