Hilton Garden Inn

In-House Experience with Hotel Development and Hospitality Management Led to Hotel First in its Comp Set
Property Type
Hotel
Investment Type
Development
Brand
Hilton
Date of Investment
September 2023
Location
Jackson, TN
Keys
98
Units
Square Footage
Development
Development
Development
Development

Opportunity to Build Hotel in Strong Market

Peachtree Group became aware of a land parcel available for sale in the Shoppes at the Columns shopping center in Jackson, TN. The market benefits from a strong healthcare sector, and the retail shopping center sits on Vann Drive, the road with the highest traffic count in the county. The Hilton Garden Inn brand earned the highest guest satisfaction ratings for upscale hotels nationwide in 2014.

Comprehensive In-House Experience with Hotel Development and Hospitality Management

Peachtree Group utilized its comprehensive in-house experience with hotel development and management to assess realistic targeted investment risks and returns. The team reviewed the design timeline, estimated the construction cost, and evaluated financial projections in line with its portfolio and operational capabilities as part of a holistic analysis. The investment team negotiated and closed on the land purchase in 2015. Peachtree Group enlisted the dedicated development team to secure the Hilton Garden Inn franchise, coordinate the relevant design consultants and oversee the construction process.

Hotel Ranked First

The property opened in December 2017 and ranked #1 in RevPAR for the Comp Set in 2019. The hotel’s 2019 ADR index was 118.4, and it ranked #1 every month in ADR.

Peachtree news and insights.

Insight
General
5 min read

Avoid Political Noise When Investing: A Market Update with Larry Adam, Raymond James

Peachtree Group hosted Larry Adam the Chief Investment Officer of Raymond James for a recent Market Call. Larry talked about the importance of staying invested throughout political cycles like the upcoming US Presidential election.

In our recent market update call, we hear insights from Larry Adam the Chief Investment Officer of Raymond James, alongside Greg Friedman, Managing Principal & CEO of Peachtree Group and Daniel Savage, VP Equity Capital Markets of Peachtree Group. One of the standout moments from the discussion was an intriguing investment takeaway that highlights the importance of consistent investing over trying to time the market based on political cycles.

Investment Insights Through the Decades

Consider this: if you had invested $10,000 in the stock market starting in 1970 and only remained invested during Republican presidencies, your investment would have grown to approximately $133,000 by now. Conversely, if you had only stayed invested during Democratic presidencies, your portfolio would have soared to around $700,000.

Now, here’s where the numbers become even more compelling. If you had stayed fully invested in the market, regardless of which party was in power, that initial $10,000 would have appreciated to an impressive $1.6 million!

The Lesson: Stay the Course

Timing the market based on political affiliation has proven to be less effective than maintaining a consistent investment strategy. As Larry Adam pointed out, It's more important to be in the market than trying to find the market. I think that's a critical lesson…”

The volatility that comes with political changes can tempt investors to pull back or make hasty decisions. However, history shows that those who remain patient and invested through all market conditions tend to reap the greatest rewards.

The key is to be in the market, not trying to outsmart it.
Slide Provided by Raymond James

About Larry Adam

Larry Adam joined Raymond James in 2018 as Chief Investment Officer. With over thirty years of experience in the financial markets, Mr. Adam brings a wealth of knowledge and valuable insights on the markets and economy to advisors and clients. As CIO, Mr. Adam develops the firm’s CIO view, a cohesive and comprehensive macro outlook, using insights and perspectives from the firm’s strategists. Mr. Adam presents at numerous client events and is renowned for his ability to explain complex concepts to investors.

Mr. Adam provides advisors and clients with in-depth guidance regarding the markets, including weekly and monthly commentary and quarterly outlooks. In addition to serving as President of the Investment Strategy Committee, he also sits on the Global Wealth Solutions (GWS) Diversity & Inclusion Campus Recruitment Committee, the GWS Executive Council, and the Alternative and Structured Investments Product Approval Committee.

Prior to joining Raymond James, Mr. Adam held the dual roles of CIO of the Americas and Global Chief Investment Strategist for Deutsche Bank Private Wealth Management. He received a B.B.A. with a concentration in finance from Loyola University Maryland in 1991 and received a master’s degree in business with a concentration in finance from Loyola University Maryland in 1993. Mr. Adam is an adjunct professor at the Sellinger School of Business and Management at Loyola University, teaching classes in International Finance. He received the Chartered Financial Analyst designation in 1996, the Certified Investment Management® certification in 2001 and the Certified Financial Planner® designation in 2004. Mr. Adam is regularly featured on CNBC and Bloomberg and is frequently quoted in well-known publications such as the Wall Street Journal and Barron’s.