Hotel Equities Adds Boutique 63-room Wyvern Hotel in Punta Gorda, Florida to Management Portfolio
Atlanta, GA - October 10, 2013 - Atlanta-based Hotel Equities (www.hotelequities.com) added the management contract for The Wyvern Hotel, a 4-star boutique hotel in Punta Gorda, Florida, to its portfolio. This 63-room hotel, located on South Florida's Gulf Coast, delivers luxury without pretense as it provides upscale service and amenities. (www.thewyvernhotel.com)
The Wyvern Hotel marks the first addition for Hotel Equities after the firm completed a joint venture with Alliance Hospitality that increased their portfolio to more than 55 hotels. With an artfully landscaped rooftop pool and lounge area, the hotel offers clear views of Charlotte Harbor in a setting of natural beauty that has become a hallmark of Punta Gorda and the Gulf Islands.
"We are delighted to expand our portfolio in Florida with this beautiful and tastefully-appointed hotel," said Brad Rahinsky, Chief Operating Officer of HE. "We look forward to a rewarding and profitable working partnership with the hotel's ownership group as we add value to this asset."
Anticipating the needs of business, leisure and group tour travelers, the hotel features bell service, a guest fitness center with LifeFitness® equipment and concierge service. The hotel's friendly team stands ready to meet all service needs. Meeting and event space is ideal for everything from romantic wedding receptions to corporate gatherings of all types.
"Hotel Equities brought a results-driven tradition of strong operations to our new partnership," said John Wise, owner of The Wyvern. "Their experience contributed to a very nimble transition. After considering many choices, I knew Hotel Equities was a great fit."
About Hotel Equities (HE)
Hotel Equities (HE) is an Atlanta-based full-scale hotel management, development and consulting firm. Frederick W. Cerrone, CHA, serves as President and CEO. HE presently has more than 55 properties in its portfolio. For more information, visit www.hotelequities.com.
Marriott International, Inc. (NASDAQ: MAR) is a global leading lodging company based in Bethesda,Maryland, USA, with more than 4,200 properties in 80 countries and territories. Marriott International reported revenues of nearly $14 billion in fiscal year 2014. The company operates and franchises hotels and licenses vacation ownership resorts under 19 brands, including: The Ritz-Carlton®, BVlgari®, EDITION®, JW Marriott®, Autograph Collection® Hotels, Renaissance® Hotels, Marriott Hotels®, Delta Hotels and Resorts®, Marriott Executive Apartments®, Marriott Vacation Club®, Gaylord Hotels®, AC Hotels by Marriott®, Courtyard®, Residence Inn®, SpringHill Suites®, Fairfield Inn & Suites®, TownePlace Suites®, Protea Hotels® and MoxyHotels®. Marriott has been consistently recognized as a top employer and for its superior business ethics. The company also manages the award-winning guest loyalty program, Marriott Rewards® and The Ritz-Carlton Rewards® program, which together surpass 50 million members. For more information or reservations, please visit our website at 
