Atlanta, Georgia, October 13, 2025
News Summary
Monomoy Property Ventures and Axonic Capital have acquired 590 West Peachtree Street in Atlanta, Georgia, with plans to redevelop it into a Marriott Hotel. This substantial renovation aims to position the hotel as a luxury destination by late 2027, featuring 462 oversized guestrooms, modern amenities, and a blend of contemporary elegance reflective of Atlanta’s cultural vibrancy. The development is strategically timed to coincide with major events such as the World Cup in 2026 and Super Bowl LXII in 2027, bolstering Atlanta’s reputation in the luxury tourism sector.
Atlanta
Monomoy Property Ventures and Axonic Capital have acquired 590 West Peachtree Street in Atlanta, Georgia. This building will undergo substantial renovation and be redeveloped as a Marriott Hotel, significantly impacting the luxury tourism and hospitality sectors. The newly developed Marriott Atlanta is expected to become Atlanta’s hospitality hub upon its completion in late 2027.
The hotel’s design will blend contemporary elegance with Atlanta’s vibrant cultural and business lifestyles, strategically positioned in downtown Atlanta for easy access to major landmarks and cultural attractions. Nearby destinations include Georgia Tech, Emory Hospital, and Mercedes-Benz Stadium, which hosts major sporting events. The location makes it ideal for both business and leisure travelers, benefiting from proximity to the central business district and the iconic skyline.
This renovation aims to bolster Atlanta’s reputation as a premier destination for business conferences, sporting events, and cultural tourism. Upon completion, the hotel will feature 462 oversized guestrooms, including suites with full kitchenettes designed for extended stays. Guests will enjoy modernized rooms equipped with state-of-the-art amenities, as well as renovated public areas and upgraded meeting spaces tailored for both business and social gatherings.
The Marriott Atlanta will also offer multiple dining options, a spa, and a wellness center. The design will highlight Marriott’s signature aesthetics, emphasizing elegance, comfort, and convenience. This acquisition is part of an initiative to enhance Atlanta’s tourism infrastructure and reinforce its position as a premier Southeast destination.
Atlanta’s tourism has been on a steady growth trajectory, fueled by sporting events and conventions. The Marriott Atlanta is poised to solidify the city’s status as a luxury tourism destination, attracting international visitors seeking high-end accommodations. Operations and the commercial strategy of the hotel will be managed by Schulte Hospitality Group, an organization with extensive experience in luxury hotel management and conversion projects.
The collaboration represents a commitment to revitalizing this iconic property and contributing to Atlanta’s appeal as a tourism and business hub. The development is strategically timed to coincide with Atlanta hosting the World Cup in 2026 and Super Bowl LXII in 2027. These large-scale events are expected to draw millions of visitors, further positioning Marriott Atlanta as a sought-after venue.
Furthermore, the hotel’s location near major entertainment venues enhances its appeal for those attending significant events. As the renovation progresses, the partnership remains focused on ensuring the hotel’s success and long-term profitability amid the growing luxury tourism industry in Atlanta.
Key Features of Marriott Atlanta
| Feature | Description |
|---|---|
| Location | 590 West Peachtree Street, Atlanta, Georgia |
| Opening Date | Late 2027 |
| Guestrooms | 462 oversized guestrooms, including suites |
| Dining Options | Multiple dining options available |
| Facilities | Spa, wellness center, upgraded meeting spaces |
| Management | Schulte Hospitality Group |
| Key Events | World Cup 2026, Super Bowl LXII 2027 |
Frequently Asked Questions
What is the address of the new Marriott Hotel in Atlanta?
The hotel is located at 590 West Peachtree Street, Atlanta, Georgia.
When is the Marriott Atlanta expected to open?
The property is set to open in late 2027.
How many guestrooms will the hotel feature?
The hotel will feature 462 oversized guestrooms, including suites with full kitchenettes for extended stays.
What facilities will the Marriott Atlanta offer?
The hotel will include multiple dining options, a spa, and a wellness center, as well as renovated public areas and upgraded meeting spaces.
Who will manage the operations of the Marriott Atlanta?
The hotel’s operations will be managed by the Schulte Hospitality Group.
Why is the timing of the opening significant?
The development is strategically timed to coincide with Atlanta hosting the World Cup in 2026 and Super Bowl LXII in 2027.
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Additional Resources
- Hotel Investment Today: Westgate CALA Deal in Atlanta
- Wikipedia: Atlanta
- Travel and Tour World: Marriott Atlanta Transformation
- Google Search: Marriott Atlanta
- The Real Deal: Local Developer Plans Hotels in Atlanta
- Encyclopedia Britannica: Atlanta
- Nashville Post: Atlanta Hotel Project
- Google News: Atlanta Hotel Development
- Hotel Online: Epicurean Atlanta Opening
Author: STAFF HERE ATLANTA WRITER
The ATLANTA STAFF WRITER represents the experienced team at HEREAtlanta.com, your go-to source for actionable local news and information in Atlanta, Fulton County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as vibrant music festivals like Shaky Knees and Music Midtown, major cultural celebrations including Dragon Con and the Atlanta Film Festival, and iconic sporting events like the Peachtree Road Race. Our coverage extends to key organizations like the Metro Atlanta Chamber of Commerce and the Atlanta Convention & Visitors Bureau, plus leading businesses in logistics, beverages, and retail that power the local economy such as Delta Air Lines, The Coca-Cola Company, and The Home Depot. As part of the broader HERE network, including HEREAugusta.com and HERESavannah.com, we provide comprehensive, credible insights into Georgia's dynamic landscape.
