Skip to content

Search

Latest Stories

Mackenzie promoted to Peachtree EVP of hotel operations

Previously, Mackenzie was area director for Hilton, overseeing properties in Florida

Mackenzie promoted to Peachtree EVP of hotel operations

Steve Mackenzie is now executive vice president of hotel operations at Peachtree Group's hospitality management division. In this role, he will oversee the financial performance of Peachtree’s hotel portfolio, ensure adherence to franchise procedures, regulations and standards, and foster company culture and team growth, Peachtree said in a statement.

Peachtree is led by Greg Friedman as managing principal and CEO, Jatin Desai as managing principal and CFO and Mitul Patel as Principal.


“Steve has been instrumental in the exceptional growth and results of our hospitality management portfolio over the past six years,” said Vickie Callahan, Peachtree’s hospitality management division president. “His leadership will continue to guide the team as we grow our portfolio.”

Callahan, who was recently promoted to president, oversees 88 hotels across 27 brands, with 11,173 rooms in 23 states and Washington, D.C.

Mackenzie, with more than 25 years of hospitality experience, most recently served as area director for Hilton, overseeing company-managed properties in Florida, including Embassy Suites, Hilton Garden Inn, Homewood and Hampton. His previous roles include vice president of operations at Harris Hotel Group and area general manager at Greenpark Management.

“Peachtree has an aggressive appetite for growth, and I cannot wait to expand my role and continue to build the brand and the portfolio,” he said.

In July, Peachtree closed its first CPACE financing in Tennessee with a $10.7 million loan for a four-story, 75,000-square-foot Class-A office in Nashville. In June, the company issued a $40 million retroactive CPACE loan to BLG San Diego LLC for the new 147-room AC Hotel San Diego Downtown Gaslamp Quarter.

More for you

Choice Hotels campaigns

Choice launches campaigns for extended-stay brands

Summary:

  • Choice launched two campaigns to boost bookings across its four extended-stay brands.
  • Based on guest feedback, the campaigns focus on efficiency, cleanliness, value and flexibility.
  • They will run through 2026 across social media, Connected TV, digital display and online video.

CHOICE HOTELS INTERNATIONAL launched two marketing campaigns to increase brand awareness and bookings across its four extended-stay brands. The "Stay in Your Rhythm" campaign promotes all four brands by showing how guests can maintain daily routines, while "The WoodSpring Way" highlights the service WoodSpring Suites staff provide.

Keep ReadingShow less
Fed interest rate July
Photo credit: Chip Somodevilla/Getty Images

Fed holds rates steady despite Trump pressure

Summary:

  • The Federal Reserve held interest rates steady and gave no signal of a September cut.
  • Developers and brokers are calling for lower borrowing costs to unlock supply and revive stalled deals.
  • The Fed’s decision followed surprise news that the U.S. economy grew 3 percent in Q2.

THE FEDERAL RESERVE held its key interest rate steady and gave no indication of a cut in September, despite growing pressure from President Trump and his Fed appointees, USA Today reported. The July 30 decision keeps the Fed’s benchmark rate at 4.25 percent to 4.5 percent for a fifth straight meeting.

Keep ReadingShow less
BWH Hotels expands with AI-driven strategy and outdoor lodging focus

BWH sticks to growth plan despite headwinds

Summary:

  • BWH Hotels is staying the course on long-term growth, investing in AI and developer support.
  • A new insurance program has saved some BWH hoteliers $50,000 to $60,000 annually.
  • It aims to reach 5,150 hotels in five years, with 300 deals signed last year and 200-plus in the pipeline.

BWH HOTELS IS maintaining its long-term growth strategy despite market uncertainties, with President and CEO Larry Cuculic citing momentum across core markets. The company is investing in AI, supporting developers and focusing on long-term goals.

Keep ReadingShow less
Amex GBT & Chooose Launch Hotel Emissions Tracker

Amex GBT, Chooose to launch hotel emissions tracker

Summary:

  • Amex GBT and Chooose are launching a hotel emissions tracking tool to calculate users’ Hotel Carbon Measurement Initiative reporting requirements.
  • Emissions data in Amex GBT’s Global Trip Record and Data Lake ensures consistency across travel programs.
  • In January, Finland-based Bob W found hotel carbon emissions are five times higher than HCMI estimates.

SOFTWARE FIRMS AMERICAN Express Global Business Travel and Chooose are launching a hotel emissions tracking tool in the third quarter of 2025. The new tool, integrated into Amex GBT’s platforms, will provide standardized hotel emissions data to calculate users’ Hotel Carbon Measurement Initiative reporting requirements.

Keep ReadingShow less
Marriott
Photo Credit: Marriott

Marriott closes $355M acquisition of citizenM

Summary:

  • Marriott International completed its $355 million acquisition of citizenM, a Netherlands-based select-service brand.
  • Integration into Marriott’s systems is underway.
  • Founded in 2008 by Rattan Chadha, citizenM targets travelers seeking smart room design, shared spaces.

MARRIOTT INTERNATIONAL COMPLETED its $355 million acquisition of citizenM, a Netherlands-based select-service brand founded by Rattan Chadha, as announced in April. CitizenM’s portfolio includes 37 hotels with 8,789 rooms across more than 20 cities in the U.S., Europe and Asia Pacific.

Keep ReadingShow less