Peachtree unveils new branding, logo reflecting core businesses
Stonehill changes to Peachtree Group Credit; PHM is Peachtree Group Hospitality Management
By Vishnu Rageev RSep 19, 2023
PEACHTREE GROUP RECENTLY introduced new branding, logo and tagline, “Guided by Intuition, Grounded by Expertise.” The branding update aims to project the company’s integrated investment strategies and service platforms.
This change consolidates the company's varied brand portfolio, renaming Stonehill as Peachtree Group Credit and Peachtree Hospitality Management as Peachtree Group Hospitality Management, the company said in a statement.
"The new branding has given us a competitive edge in attracting top-tier talent, ensuring a consistent influx of the best minds and skills to navigate an ever-changing business landscape," said Greg Friedman, CEO and managing principal of Peachtree Group. "Moreover, our strategic branding approach, aimed at consolidating our diverse range of businesses, is poised to unleash even greater untapped potential within our investment platform. This platform, already proven in its value in the hospitality sector, has played a pivotal role in our expansion and diversification into other real estate sectors and ventures."
The new Peachtree Group logo merges a simplified tree depiction with the capital letter 'P', symbolizing the company's origins and growth since its establishment in 2007.
"The refreshed brand position and logo signify a new phase in Peachtree Group's journey," said Jatin Desai, CFO and managing principal of Peachtree Group. "The consolidation of our affiliated companies under a single name offers a seamless and cohesive experience for all stakeholders. Our new tagline embodies the equilibrium of our vision, which propels our success."
In May, Peachtree Group named Melissa Ross Smith as its new chief operating officer. She is in charge of the overall performance, strategy, and organizational development of Peachtree and its operating businesses.
Sonesta launched Americas Best Value Studios, an extended-stay version of ABVI.
The model targets owners seeking limited front desk and housekeeping.
The brand meets demand for longer-term, value-focused stays.
SONESTA INTERNATIONAL HOTELS Corp. launched Americas Best Value Studios by Sonesta, an extended-stay version of its franchised brand, Americas Best Value Inn. The model targets owners seeking limited front desk and housekeeping, optional fitness center and lobby market along with standard brand requirements.
The brand aims to address the growing demand for longer-term, value-driven accommodations, Sonesta said in a statement.
"Americas Best Value Studios by Sonesta represents a strategic evolution of our trusted Americas Best Value Inn brand," Keith Pierce, Sonesta’s executive vice president and president of franchise development, said. "We are expanding our offerings to directly address the increasing demand within the extended-stay segment, providing a practical solution for travelers seeking longer-term lodging at value. This new brand type allows our local franchised owner-operators to tap into a growing market while maintaining the community-focused experience that Americas Best Value Inn is known for."
ABVI has a majority presence in secondary and tertiary markets, the statement said.
The extended-stay brand’s operational model features a front desk, bi-weekly housekeeping, on-site laundry and pet-friendly accommodations, Sonesta said. Guests can also earn or redeem points through the Sonesta Travel Pass loyalty program.
In August, Sonesta named Stayntouch its preferred property management system after a two-year review of its ability to support the company’s franchise model. The company operates more than 1,100 properties with more than 100,000 rooms across 13 brands on three continents.
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