PHM assumes management of SpringHill Suites Dallas
PHM manages 91 hotels across 28 brands totaling 11,154 rooms in 22 states
By Vishnu Rageev RAug 09, 2023
PEACHTREE HOSPITALITY MANAGEMENT will operate the 105-suite SpringHill Suites Dallas Rockwall in Texas. The assignment is part of PHM’s agreement with TEKMAK Development Co., a hospitality development company, to provide third-party management services for a portion of its hotel portfolio.
PHM also has agreed to operate two under-construction hotels in Texas: a dual-branded TownePlace Suites by Marriott and Fairfield by Marriott in Paris and a TownePlace Suites by Marriott in Forney.
"With the economy continuing to power forward, savvy owners insist upon tried-and-true operators to help achieve superior satisfaction scores with guests and associates," said Patrick Short, PHM's president. "Third-party operations remain a key component of our overall growth goals, and our fantastic partnership with TEKMAK allows us to expand our portfolio and market share."
This property is located near Lake Ray Hubbard, Rockwall Technology Park, and Downtown Rockwall Historic Square. It offers amenities such as an outdoor pool, fire pits, and a fitness center.
“At TEKMAK, we pride ourselves on delivering unique products, and achieving high levels of guest satisfaction through superior service that drives premium performance. We have been impressed with PHM in every step of this transition and are excited to bring their expertise to these properties,” Tom Kirkland, CEO of TEKMAK Development Co.
In March, PHM entered into a contract with TEKMAK Development to provide third-party management services for a segment of its hotel portfolio. Currently, PHM manages 91 hotels across 28 different brands, totaling 11,154 rooms in 22 states.
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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