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Peachtree Group to operate Merrill Hotel in Iowa

The hotel opened in March 2018 in downtown Muscatine along the Mississippi River

Peachtree Group to operate Merrill Hotel in Iowa

Peachtree Group's hospitality management division was recently selected to manage the Merrill Hotel, Muscatine in Iowa. The hotel has 122 guest rooms, 13,000 square feet of meeting and event space, a heated indoor saltwater pool, and a fitness center, Peachtree said in a statement.

"We're truly delighted to have been chosen by Jim and Rebecca Howe to be the hotel's management operator," said Patrick Short, Peachtree’s president for hospitality management. "The Howe family embodies a steadfast dedication to unparalleled hospitality experiences. We will carry on their commitment to excellence by delivering exceptional guest experiences, enhancing and elevating the hotel's reputation while generating results commensurate with this exceptional hotel's status, which continues to serve as one of the city's economic foundations."


The hotel was opened in March 2018 along the Mississippi River in downtown Muscatine and is located near cities like Davenport and Bettendorf in Iowa, and Rock Island and Moline/East Moline in Illinois, the statement said.

"We take our role as stewards of this incredible hotel seriously, committed to keeping it at the heart of the town's culture and economy,” said Caroline Royster, Peachtree’s vice president of business development, hospitality management. “It's a responsibility we embrace with dedication and pride.”

Peachtree Group's hospitality management division operates hotels across upper-midscale and upscale segments. With the Merrill Hotel, the company now manages 91 hotels, spanning 27 brands and 11,180 rooms across 23 states, expanding its third-party operations to 28 hotels. It is led by Greg Friedman as managing principal and CEO, Jatin Desai as managing principal and Mitul Patel as principal.

"Embracing an experienced management firm like Peachtree Group signifies a collaborative effort ensuring operational excellence while fostering a partnership geared towards the growth of Muscatine, which continues to serve as the family’s’ and investors' goal," the hotel’s owner Jim Howe said.

Meanwhile, Peachtree Group recently acquired the 180-room Hilton Garden Inn Denver Tech Center in Denver, its second hotel in the city following the Element Denver Park Meadows.

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Peachtree Group Surpasses $2 B in U.S. Hotel Developments

Peachtree hits $2B in nationwide hotel developments

Summary:

  • Peachtree’s hotel development portfolio exceeds $2 billion nationwide.
  • Its largest project this year, Embassy Suites Gulf Shores, has 257 suites.
  • It has 11 hotels open, four under construction, three planned in Opportunity Zones.

PEACHTREE GROUP’S HOTEL development portfolio exceeded $2 billion nationwide despite high interest rates, rising construction costs and tighter credit conditions. Its largest project this year, the eight-story Embassy Suites by Hilton Gulf Shores Beach Resort in Alabama, includes 257 suites overlooking the Gulf Coast.

In Dallas, construction teams topped out the dual-branded AC and Moxy by Marriott Uptown, Peachtree’s tallest hotel at 19 stories in the city’s Uptown submarket, Peachtree said in a statement. The project, set to open in summer 2026, will add 264 rooms.

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