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PHG finishes $5.3 million renovation of MD hotel

The company acquired the Hampton Inn in Baltimore in 2019

PHG finishes $5.3 million renovation of MD hotel

PEACHTREE HOTEL GROUP has completed a $5.3 million renovation of the Hampton Inn by Hilton Baltimore-Downtown Convention Center in Baltimore, Maryland. The hotel will be operated by Peachtree Hospitality Management, a division of PHG.

The 8-story, 126-room Hampton Inn is one of 10 hotels PHG acquired in 2019. The company is led by managing principals Mitul Patel and Jatin Desai and CEO Greg Friedman and Patrick Short is president of PHM.


"We are pleased with the improvements to the Hampton Inn, making it the most recently renovated hotel in the area," Short said. "The top-to-bottom renovations were designed to meet the exacting demands of today's business and leisure travelers."

Across the street from the hotel are Oriole Park at Camden Yards and adjacent to the Baltimore Convention Center. The hotel also is near the University of Maryland Medical Center, M&T Bank Stadium, home of the Baltimore Ravens and the Horseshoe Casino Baltimore.

The renovation included new lighting, artwork, furnishings and TVs in the guestrooms. New vanities and tub-to-shower conversions have been added in the guest bathrooms. In the lobby, new furniture, flooring and artwork have been added and the front desk has been redesigned.

On the exterior, new brickwork and painting were added along with upgrades to lighting and seating. The hotel also has an updated pool area, corridors, public restrooms, meeting room and fitness room.

"We have taken great steps to improve the guest experience while ensuring our guests are comfortable with the level of cleanliness throughout the hotel," Short said.

Some of the other hotels PHG acquired in 2019 include:

  • The 128-room Hampton Inn by Hilton Fort Lauderdale/Plantation in Fort Lauderdale, Florida.
  • The 92-suite Home2 Suites by Hilton Cincinnati Liberty Township in Liberty Township, Ohio.
  • The 156-room Courtyard by Marriott Savannah Downtown/Historic District in Savannah, Georgia.
  • The 111-suite Home2 Suites by Hilton El Paso Airport in El Paso, Texas.
  • The 152-suite Residence Inn by Marriott Charlotte South Park in Charlotte, North Carolina.

Also, in the fourth quarter of 2020, PHG’s affiliate Stonehill closed on $100 million in Commercial Property Assessed Clean Energy loans for nine properties.

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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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