Portman Hospitality Fund buys Westin Peachtree Plaza from Marriott International
Marriott International, Inc. Class A
Marriott International, Inc. Class A MAR | 0.00 |
- Portman Hospitality Fund I acquired the 1,073-room Westin Peachtree Plaza in downtown Atlanta from Marriott International.
- The hotel will stay in Marriott’s portfolio under a long-term management agreement.
- Portman plans a comprehensive renovation of guestrooms, public areas, meeting space before Super Bowl LXII in 2028.
- The deal is the fund’s first “big-box” value-add hotel investment, targeting large full-service assets in major US markets.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Marriott International Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202605281510BIZWIRE_USPR_____20260528_BW102534) on May 28, 2026, and is solely responsible for the information contained therein.
