Peachtree Breaks Ground on 480-Key Austin Dual-Brand Hotel
Peachtree Group and Merritt Development Group have begun construction on a 30-story, dual-branded Embassy Suites and Tempo by Hilton in downtown Austin. Slated to open in early 2029, the 480-key property aims to capitalize on the city's expanding corporate and convention infrastructure.
Key Takeaways
- 1Features 480 rooms across Embassy Suites and Tempo by Hilton brands, slated to open in early 2029
- 2Amenities include a two-story signature restaurant, rooftop bar, meeting space, and fitness center
- 3Development aligns with Austin's $1.6B convention center expansion and long-term market growth
Source: Hotel Business
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