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| Tammie Taylor |
VERO BEACH, FL, April 30, 2015—Officials of Peachtree Hotel
Group, one of the nation’s fastest growing hotel investment and management
platforms, today announced the grand opening of the 90-room Hampton Inn & Suites Vero Beach
Downtown.
Owned by VBH Miracle Mile LLC, and operated by Peachtree,
the hotel was conceived by Vero Beach residents Frank Christy, Christy & Associates president, and Keith Kite, managing member of Kite
Properties LLC. The lender for the
project is WesBanco, a West Virginia regional bank holding company.
“The Hampton Inn & Suites Vero Beach Downtown is our
fifth hotel in Florida, a thriving market we will continue to watch with
interest for future investment opportunities,” said Tammie Taylor, Peachtree vice-president of operations.
“With our existing Florida portfolio
concentration and local market expertise, we expect this hotel to ramp up
quickly and become the preferred, select-service destination in the area.”
Situated at 611 20th Place, the three-story hotel is within
walking distance of the pedestrian-friendly Miracle Mile and its numerous
restaurants, entertainment, shopping and services.
For a complete copy
of the company’s news release, please contact:
Chris Daly, media
(703) 435-6293
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