DALLAS, Texas—Peachtree Group, a diversified industrial actual property funding platform, introduced the grand opening of the 87-suite TownePlace Suites in Forney, Texas. Peachtree will function the lodge for TEKMAK Improvement (“TEKMAK”), a full-service hospitality growth firm.
TownePlace Suites Forney is positioned 22 miles east of Dallas. Ongoing new development, increasing retail facilities, and industrial parks proceed to place Forney as an interesting vacation spot for enterprise and leisure vacationers.
“We’re thrilled to affix the Forney group and serve the fastest-growing county within the nation with our new TownePlace Suites lodge,” stated Glenn Decker, president of TEKMAK. “We’re grateful for the laborious work of the Peachtree crew in getting the lodge open and are excited in regards to the robust management crew they’ve assembled to handle day-to-day operations. We take nice pleasure within the high quality of the lodges we develop and have the utmost confidence in Peachtree’s skill to ship an equally stellar stage of service to our company.”
At this brand-new, pet-friendly lodge, company can get pleasure from suites that includes full kitchens — ideally suited for each quick and prolonged stays. Complimentary breakfast with customizable menu choices can be supplied as properly. The lodge additionally affords on-site facilities like a 24-hour health middle and an outside pool.
“As we proceed so as to add lodges to our third-party administration platform, we stay targeted on aligning with top-tier companions who share our dedication to operational excellence,” stated Vickie Callahan, president of Peachtree’s hospitality administration division. “TEKMAK has been an distinctive companion—creating lodges that aren’t solely professionally executed but additionally uniquely crafted to face aside of their aggressive set, with a design-oriented strategy that connects every property to its area people.”
In 2023, Peachtree partnered with TEKMAK to supply third-party administration for a choice of its Texas-based lodges and as we speak oversees six properties.
- Fairfield Inn & Suites Paris
- SpringHill Suites Dallas Rockwall
- SpringHill Suites Lindale
- TownePlace Suites Dallas Rockwall
- TownePlace Suites Forney
- TownePlace Suites Paris
Peachtree’s hospitality administration division focuses on working premium-branded lodges throughout the upper-midscale and upscale segments, together with limited-service, select-service and compact full-service properties. The division manages 108 lodges throughout 28 manufacturers, totaling 13,440 rooms in 26 states, with 35 properties underneath third-party administration.
“Third-party lodge operators are more and more being acknowledged for delivering superior service—outperforming even chain-managed lodges in key areas that matter most to company,” Callahan added. “The opening of TownePlace Suites Forney is a testomony to the power of this collaboration and our shared imaginative and prescient to persistently exceed expectations and lift the usual throughout each lodge we handle.”
