A new 19-story dual-branded hotel development featuring Marriott brands AC Hotel and Moxy Hotel just broke ground in Uptown Dallas, Atlanta-based private equity firm Peachtree Group announced.
“Most hotels in Uptown cater to the upper-upscale and luxury segments, leaving the submarket lacking in upscale hotel options to meet the needs of a substantial portion of Uptown’s demand,” Greg Friedman, managing principal and CEO of Peachtree, said in a statement....