Peachtree Group Opens TownePlace Suites Forney, Texas

Peachtree Group ("Peachtree"), a diversified commercial real estate investment platform, today announced the grand opening of the 87-suite TownePlace Suites in Forney, Texas. Peachtree will operate the hotel for TEKMAK Development ("TEKMAK"), a full-service hospitality development company.

TownePlace Suites Forney is conveniently located just 22 miles east of Dallas, offering guests a comfortable and contemporary stay in a rapidly growing area. Ongoing new construction, expanding retail centers and industrial parks continue to position Forney as a dynamic destination for business and leisure travelers.

At this brand-new, pet-friendly hotel, guests can enjoy spacious suites featuring full kitchens—ideal for both short and extended stays. Travelers will appreciate complimentary breakfast with customizable menu options, as well as on-site amenities like a 24-hour fitness center and an outdoor pool.

In 2023, Peachtree partnered with TEKMAK to provide third-party management for a selection of its Texas-based hotels and today 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 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 manages 108 hotels across 28 brands, totaling 13,440 rooms in 26 states, with 35 properties under third-party management.

Hotel website