Hotel Equities Adds Two Wyndham Branded Hotels to Management Portfolio
April 10, 2014 - Hotel Equities Atlanta-based Hotel Equitie recently announced its selection to manage two Wyndham branded hotels, one property on International Drive in Orlando, Florida and a brand new hotel in Southwest Texas.
The firm's eleventh management contract in Florida marks its first in the booming Orlando market. For its entry into the state of Texas, the firm was tapped for a new-build property set to open later this month.
"We are thrilled to add our first hotel in the state of Texas," said Joe Reardon, Vice President of Business Development for HE. "Cotulla and LaSalle County are the site of one of the largest economic booms in Texas history as drilling for oil and natural gas increases. The hotel is ideally positioned and well-appointed to meet the demand."
"Florida has been a great market for our firm and we've delivered excellent results for our investors in the state," said Reardon. "We are elated to branch out into the Orlando market as the ownership group we partnered with will continue strong growth in the area."
The Orlando hotel holds a strategic location on International Drive within easy reach of Universal Studios, SeaWorld, Wet 'n Wild and Disney World, as well as world-class shopping and dining.
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 45 properties in its portfolio.
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