TPG Lodges & Resorts Provides Two Lodges to Managed Portfolio


PROVIDENCE, Rhode Island—TPG Lodges & Resorts introduced it has been chosen to handle two properties in Augusta, Georgia. The Residence Inn by Marriott Augusta and the SpringHill Suites by Marriott Augusta are each owned by PeachState Hospitality.

“Our ongoing partnership with TPG continues to permit us to stay an lively investor within the hospitality house by means of our improvement platform,” mentioned Ricky Raman, chief working officer, PeachState Hospitality. “We’re extraordinarily impressed with TPG’s working experience and functionality to boost each the highest and backside line, thereby rising the worth of our property. We stay up for exploring further alternatives to increase this partnership.”

The 124-room Residence Inn Augusta gives studio, one, and two-bedroom suites with separate dwelling and sleeping areas, kitchens, WiFi, sizzling breakfast, and a health heart.

The 88-room SpringHill Suites Augusta gives suites with a mini-fridge, microwave, Keurig espresso maker, couch, and work space with ergonomic chair, in addition to foyer areas with WiFi breakfast buffet, 24-hour Market, health heart, indoor pool, and out of doors hearth pit.

“We’re extraordinarily happy to be including extra properties from PeachState Hospitality to our portfolio,” mentioned Ben Perelmuter, president of TPG Lodges & Resorts. “Now we have confirmed that our operations, cultures, and core values as an organization align with PeachState’s and stay up for proceed rising alongside them.”

Each properties are in Augusta, Georgia, a metropolis alongside the Savannah River recognized for its historical past, tradition, and nature. Augusta is the second largest metropolis in Georgia and is well-known for internet hosting The Masters Event, held yearly on the Augusta Nationwide Golf Membership. Being positioned close to I-20 and I-520, company can entry Fort Gordon, Grovetown, downtown Augusta, North Augusta, South Carolina, and the Augusta Nationwide Golf Membership in the course of the Masters event. Visitors can go to the downtown space, which has historic buildings, native retailers, eating places, and cultural points of interest just like the Augusta Museum of Historical past and the Morris Museum of Artwork. The Riverwalk Augusta gives scenic views and leisure actions alongside the river.



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