ATLANTA, Georgia—Portman announced that Portman Hospitality Fund I, LP, has acquired the Westin Peachtree Plaza, a 1,073-key full-service hotel in downtown Atlanta, Georgia, from Marriott International. The hotel will remain in Marriott’s portfolio under a long-term management agreement. Portman will execute the strategy in-house through its vertically integrated platform spanning design, development, capex, and hotel operations. The acquisition of the Westin Peachtree Plaza is particularly notable for Portman, as it was originally designed and developed […]

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