Skip to content

Search

Latest Stories

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.

More for you

U.S. Hotel Construction Hits 20-Quarter Low in June

CoStar: Hotel construction drops in June

Summary:

  • U.S. hotel rooms under construction fell year over year for the sixth straight month in June, hitting a 20-quarter low, CoStar reported.
  • About 138,922 rooms were under construction, down 11.9 percent from June 2024; the luxury segment had 6,443 rooms, up 4.1 percent year over year.
  • Lodging Econometrics recently said Dallas led all U.S. markets in hotel construction pipelines at the end of the first quarter, with 203 projects and 24,496 rooms.

THE NUMBER OF U.S. hotel rooms under construction declined year over year for the sixth straight month in June, reaching a 20-quarter low, according to CoStar. Additionally, more than half of all rooms under development are in the South, mostly outside the top 25 markets.

Keep ReadingShow less
Chart showing decline in U.S. extended-stay hotel occupancy and RevPAR in May 2025

Report: May fifth month for drop in extended-stay occupancy

Summary:

  • Extended-stay occupancy fell 2.2 percent in May, the fifth straight monthly decline; ADR and RevPAR also dropped for a second consecutive month.
  • May marked 44 straight months of supply growth for the segment at 4 percent or less, with annual growth below the 4.9 percent long-term average.
  • Extended-stay room revenues rose 0.5 percent, while total industry revenue grew 0.9 percent, led by segments with little extended-stay supply.

EXTENDED-STAY HOTEL occupancy fell 2.2 percent in May, the fifth consecutive monthly decline, exceeding the 0.7 percent drop reported for all hotels by STR/CoStar, according to The Highland Group. Extended-stay occupancy was 10.5 percentage points above the total hotel industry, at the lower end of the long-term average premium range.

Keep ReadingShow less
Auro Hotels Showcases India Culture at TCMU Exhibit

Auro unveils 'India Cultural Corner' for children

Summary:

  • Auro Hotels opened the India Cultural Corner, where children can check in and explore Indian culture at The Children's Museum of the Upstate.
  • Families can engage with community art, activities and storytelling about daily life in India.
  • The exhibit runs through May 2026, offering interactive learning on Indian culture.

AURO HOTELS RECENTLY opened the India Cultural Corner at The Children's Museum of the Upstate in Greenville, South Carolina, offering a look into Indian stories for American families. The exhibition, held at The Grand Geo Hotel and running through May 2026, includes a hotel desk where children can check in and explore Indian culture through interactive activities.

Keep ReadingShow less
U.S. Firms Lose $2.4 Trillion by Skimping on Business Travel

Report: Business travel gaps cost U.S. firms $2.4T

Summary:

  • U.S. companies risk losing more than $2.4 trillion in sales due to underinvestment in business travel, says GBTA.
  • An 8.3 percent T&E increase could drive a 6 percent sales gain, despite post-COVID virtual meeting tools.
  • Current T&E spending is $294 billion—$24 billion short of the $319.1 billion needed for peak profitability.

U.S. COMPANIES ARE missing more than $2.4 trillion in potential sales due to underinvestment in business travel, according to a Global Business Travel Association report. Despite a post-pandemic rebound, travel and entertainment spending remains $66 billion below 2019 levels.

Keep ReadingShow less
AI threats in hospitality

Study: Cyberattacks on hotels to surge

Summary:

  • Around 66 percent of hotel IT and security executives expect more cyberattacks this summer, and 50 percent anticipate greater severity, according to VikingCloud.
  • Guest-facing systems most at risk include POS and payment technology at 72 percent, guest WiFi at 56 percent and front desk systems at 34 percent.
  • About 48 percent of executives lack confidence in their staff’s ability to detect and respond to AI-driven attacks and deepfakes.

APPROXIMATELY 66 PERCENT of hotel IT and security executives expect an increase in cyberattack frequency and 50 percent anticipate greater severity during the summer travel season, according to cybersecurity firm VikingCloud. In summer 2024, 82 percent of North American hotels experienced a cyberattack and 58 percent were targeted five or more times.

Keep ReadingShow less