Hotel Equities Selected to Manage Hampton Inn & Suites by Hilton-Fort Worth/Alliance Airport and Residence Inn by Marriott-Fort Worth/Alliance Airport

USA, Atlanta, Georgia. October 09, 2019

Hotel Equities (HE) announced its selection as the management partner to operate the Hampton Inn & Suites by Hilton-Fort Worth/Alliance Airportand Residence Inn by Marriott-Fort Worth/Alliance Airport hotels. The all-suite Residence Inn is located at 13400 North Freeway and the Hampton Inn & Suites is located at 13600 North Freeway. The two hotels are the latest additions to HE's portfolio of 140+ hotels throughout the U.S. and Canada. Both hotels are owned by Sagamore Capital.

"We are excited to be in Fort Worth operating these best-in-class Marriott and Hilton hotels," said Joe Reardon, chief development officer for HE. "We are laser focused on maximizing returns. Our team's operational expertise and knowledge of airport markets will ensure achievement of high performance results and service delivery that exceeds guest and owner expectations."

Both properties will be led by Hotel Equities' Texas regional team which includes operations, sales and marketing and revenue management. Additional support in HR, payroll, accounting and learning and people development will be provided by the corporate support team based at the firm's headquarters in Atlanta, GA.

"We are confident in our decision to shift management responsibility to Hotel Equities," said Chuck Dubroff, owner of Sagamore Capital. "They have the expertise to provide superior service to our guests and the resources to provide our associates opportunities to grow in their careers."

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Coming up in December 2019...

Hotel Law: A Labor Crisis and Cyber Security

According to a recent study, the hospitality industry accounted for 2.9 trillion dollars in sales and in the U.S. alone, was responsible for 1 in 9 jobs. In an industry of that scope and dimension, legal issues touch every aspect of a hotel's operation, and legal services are required in order to conform to all prevailing laws and regulations. Though not all hotels face the same issues, there are some industry-wide subjects that are of concern more broadly. One of those matters is the issue of immigration and how it affects the ability of hotels to recruit qualified employees. The hotel industry is currently facing a labor crisis; the U.S. Labor Department estimates that there are 600,000 unfilled jobs in the industry. Part of the problem contributing to this labor shortage is the lack of H2B visas for low-skilled workers, combined with the difficulty in obtaining J-1 visas for temporary workers. Because comprehensive immigration reform is not being addressed politically, hotel managers expect things are going to get worse before they get better. Corporate cyber security is another major legal issue the industry must address. Hotels are under enormous pressure in this area given the large volume of customer financial transactions they handle daily. Recently, a federal court ruled that the Federal Trade Commission had the power to regulate corporate cyber security, so it is incumbent on hotels to establish data security programs in order to prevent data breaches. The lack of such programs could cause hotels to face legal threats from government agencies, class action lawsuits, and damage to their brand image if a data breach should occur. These are just two of the critical issues that the December issue of Hotel Business Review will examine in the area of hotel law.