Hotel Equities Selected to Operate New Fairfield Inn & Suites in West Monroe, Louisiana
ATLANTA, GA. - April 22, 2015. Atlanta-based Hotel Equities (www.hotelequities.com) recently announced its selection as the management firm for the Fairfield Inn & Suites by Marriott under development in West Monroe, Louisiana. The hotel will break ground in the summer of 2015.
Expected to open in the third quarter 2016, the hotel will be located near numerous corporate offices, as well as the University of Louisiana-Monroe and the Ike Hamilton Expo Center, the area's number one tourist attraction and an important economic engine in the region.
"We are excited to continue our growth in Louisiana with this entrepreneurial ownership group that is one of the best at identifying the right opportunity with the right brand in markets that continuously outperform the industry norms," said Joe Reardon, Vice President of Marketing and Business Development for Hotel Equities. "With eight hotels currently in operation or under construction in Louisiana, expanding our management portfolio with the addition of a Marriott-branded hotel in the northeast part of the state is a strategic next step. We like the trends we are seeing in Louisiana and will continue to seek opportunities to grow in this region."
"Hotel Equities has been a wonderful partner in helping us identify the right markets with the right product," said Nimesh Zaver. "We will continue to build a great partnership with them on future hotels throughout Louisiana."
Jon Patel and Kevin Patel are long-time residents of Monroe, LA and Nimesh Zaver is a resident of Lake Charles, LA. Together this ownership group holds 26 hotels throughout Louisiana in its portfolio.
About Hotel Equities
Hotel Equities (HE) is an Atlanta-based full-scale hotel management, development and consulting firm operating more than 60 hotels throughout North America and internationally. Frederick W. Cerrone, CHA, serves as Chairman and CEO; Brad Rahinsky serves as President and COO. For more information, visit www.hotelequities.com.
Media Contact:
Margaret M. Jones
Director of Public Relations
Hotel Equities
770-934-2170
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 
