Peachtree Hospitality Management ("PHM") has assumed management of the 105-suite SpringHill Suites Dallas Rockwall in Texas. The assignment is part of PHM's agreement with TEKMAK Development Company ("TEKMAK"), a full-service 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: a dual-branded TownePlace Suites by Marriott and Fairfield by Marriott in Paris, Texas, and a TownePlace Suites by Marriott in Forney, Texas.

"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."

Located at 2601 Lakefront Trail within walking distance from Lake Ray Hubbard and just a short drive from Rockwall Technology Park and Downtown Rockwall Historic Square, the hotel is convenient to Bass Pro Shops and Harbor Entertainment District.  

“At TEKMAK Development, 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.

SpringHill Suites provide modern décor, luxury bedding, ergonomic workspaces and complimentary high-speed Wi-Fi. Additional hotel amenities include a daily, complimentary breakfast, outdoor pool, fire pits, fitness center and dry-cleaning services. Guests also may grab drinks or light snacks at the hotel's lobby bar.

A division of Peachtree Group, PHM operates premium-branded, limited-, select- and compact full-service hotels primarily in the upper-midscale and upscale segments. The company currently manages 91 hotels across 28 brands with 11,154 rooms in 22 states.

About Peachtree Hospitality Management
Peachtree Hospitality Management, an affiliate of Peachtree Group, is a hotel management company that creates loyalty across all stakeholders – team members, guests and owners. PHM’s proprietary systems and processes maximize financial performance and value of every asset, deliver efficiencies and enable hotel teams to provide guests with an uncommon customer experience. PHM manages the performance of 91 hotels across 28 brands with 11,154 rooms located in 22 states. For more information, visit www.peachtreegroup.com.

About Peachtree Group

Peachtree Group is an investment firm driving growth with a diverse portfolio of commercial real estate assets and other ventures. The company has executed hundreds of investments since its inception, focusing on real estate acquisition, development and lending valued at $9.0 billion in total market capitalization. Today, Peachtree manages over $2.5 billion in equity, augmented by services designed to protect, support and grow its investments. For more information, visit www.peachtreegroup.com.

About TEKMAK Development Company

TEKMAK Development Company is a full-service hospitality development company with a national reputation for delivering proven results. Since 1998, TEKMAK has developed such major hotel brands as Hyatt Place®, Courtyard by Marriott®, Springhill Suites by Marriott®, TownePlace Suites by Marriott®, Hilton Garden Inn®, Staybridge Suites® and Best Western Premier®. Beginning with careful site selection, TEKMAK seeks to identify appropriate franchises and brands that best serve the needs of the markets in which properties are located. The company’s development team selects design professionals that add a unique and distinctive custom touch which sets its hotels apart from the norm and connects them with the local community.