Peachtree Group Announces Grand Opening of Dual-Branded TownePlace Suites/Fairfield Inn & Suites Paris, Texas

February 24, 2025

Paris, TX — Peachtree Group (“Peachtree”), a diversified commercial real estate investment platform, announced the grand opening of the dual-branded, 51-suite TownePlace Suites and the 62-suite Fairfield Inn & Suites in Paris, Texas.  Peachtree will operate the hotel on behalf of TEKMAK Development Company (“TEKMAK”).

“We continue to seek best-in-class partners as we grow our third-party management portfolio,” said Vickie Callahan, president of Peachtree’s hospitality management division. “The new-build hotels will help to meet the growing demand created by the ever-increasing business and leisure travel to Paris.  These Marriott-branded properties were designed to provide the latest and most requested services and amenities that guests need to make a stay on the road a little bit more like home.”

In 2023, Peachtree partnered with TEKMAK, a full-service hospitality development company, to provide third-party management for three of its hotels. As part of this partnership, Peachtree assumed operations of the SpringHill Suites Dallas Rockwall and is set to manage the under-construction TownePlace Suites by Marriott in Forney, Texas.

Peachtree’s hospitality management division specializes in operating premium-branded hotels across the upper-midscale and upscale segments, including limited-service, select-service, and compact full-service properties. The division currently manages 107 hotels across 27 brands, totaling 13,360 rooms in 26 states, with 33 properties under third-party management.