Gatehouse Capital Selects Hotel Equities to Manage Two Marriott Conference Center Hotels Near Dallas, Texas
Hotel Equities (HE) just announced their selection as the management company for two conference center hotels near Dallas, the Courtyard by Marriott-Dallas Midlothian at the Midlothian Conference Center located at 3 Community Circle Drive in Midlothian, and the Fairfield Inn & Suites by Marriott-Decatur at Decatur Conference Center located at 1910 West US Highway 380 in Decatur. The hotels are owned by Gatehouse Capital, LLC based in Dallas.
“We are thrilled to welcome this new ownership group and these two Marriott hotels to the HE family,” said Joe Reardon, HE's SVP of Business Development and Marketing. “From day one, our team felt aligned with the Gatehouse Capital team.” That alignment on core values and vision was extremely strong from the first meeting. He said, “Having those conversations early on allowed us to gain a better understanding of their needs and expectations. We see an opportunity to add value in all facets with these two hotels and we look forward to building a long-standing relationship with the owners.”
Both hotels are conveniently located within walking distance to the city's conference centers, offering flexible space to accommodate events. The Midlothian Conference Center boasts nearly 30,000 square feet of meeting and event space and the Decatur Conference Center offers 27,000 square feet of meeting and event space.
“Gatehouse Capital couldn't be happier to welcome our new operating partner, Hotel Equities, to our projects in Midlothian and Decatur,” said Penn Collins, Gatehouse CEO. “Both projects serve as a point of pride not just for their cities, but our firm as well, and we feel Hotel Equities' professionalism and passion will allow both hotels to reach new levels of success. From the moment the operator was engaged, they have been focused on every detail of the properties. We see these two projects as the first step toward a promising partnership on future projects.”
One of the areas Gatehouse Capital found commonality in with their new managing partner is a shared interest in making a positive impact in the communities they serve. Among other involvement, Gatehouse is an annual supporter of Special Olympics Team USA.
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 
