SSN HOTELS, A Delaware-based hotel management and ownership company, recently acquired its 31st property, the Residence Inn Atlantic City Airport/Egg Harbor Township in New Jersey. A full renovation of the property, set to begin at year’s end, will focus on upgrading guest amenities, SSN Hotels said in a statement.
SSN Hotels is led by co-founders Peter Bhai as CEO and Pinky Bhai and president.
“We are excited to expand our presence in the Atlantic City area and look forward to transforming this property into a premier destination for business and leisure travelers alike,” said Peter Bhai. “This renovation will allow us to offer an even more exceptional stay for our guests while continuing to grow our portfolio.”
SSN currently operates 31 hotels across five states—New Jersey, Pennsylvania, Virginia, Delaware, and Florida—with seven more in development, according to its website. It owns and manages properties under brands from Hilton Hotels & Resorts, Marriott International, IHG Hotels & Resorts, Red Roof and Wyndham Hotels & Resorts.
Peachtree Group, led by CEO and managing principal Greg Friedman, CFO and managing principal Jatin Desai, and principal Mitul Patel, recently acquired the AC Hotel Park City in Utah. This marks the company’s sixth hotel acquisition this year, bringing its total to 789 rooms.
