financeHotels Magazine··1 min·For: Owner, Investor, GM, Revenue, Ops
Portman Acquires Westin Peachtree Plaza in Atlanta
Portman Hospitality Fund I has acquired the iconic 73-story Westin Peachtree Plaza in Atlanta from Marriott International, with plans for a full-scale renovation before 2028.
Key Takeaways
- 1Capitalize on Portman’s vertically integrated platform to execute a comprehensive renovation of guestrooms and public spaces.
- 2Leverage the property's proximity to major venues like Mercedes-Benz Stadium ahead of Super Bowl LXII in 2028.
- 3Monitor Portman Hospitality Fund I for future acquisitions of large-scale, branded U.S. hotels requiring brand repositioning.
Source: Hotels Magazine
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