Hotel Equities Breaks Ground on 20th Hotel

Courtyard by Marriott in Buford, Georgia Near the Mall of Georgia

. October 14, 2008

ATLANTA, GA, December 20, 2007. Atlanta-based Hotel Equities (HE) broke ground recently for its 20th hotel, a Courtyard by Marriott, 1405 Mall of Georgia Boulevard, off GA highway 20, west of Interstate 85. Located less than half a mile from the Mall of Georgia, the regional mega-mall in Gwinnett County north of Atlanta, the hotel will stand four stories tall and feature 110 rooms. The hotel is expected to open in late 2008.

"Hotel Equities is proud to bring a Courtyard by Marriott hotel to the Mall of Georgia market," said Fred Cerrone, HE's Chairman and CEO. "We are pleased to expand our special brand of hospitality to the growing Gwinnett area of Atlanta where demand for quality lodging is strong."

As the hotel designed by business travelers for business travelers, the Courtyard provides all the essential services and amenities for guests to stay productive while on the road. With helpful staff, high speed Internet access, ergonomic workspaces, business libraries and a hot breakfast buffet, the Courtyard promises to deliver just what each traveler needs. Standard hotel amenities include a swimming pool and spa. Many leisure guests also choose Courtyard for the same services.

"The Courtyard will be an excellent addition to our selection of hotels," said Caryn McGarity, Executive Director, Gwinnett Convention & Visitors Bureau. "Hotel Equities does a fine job in extending hospitality to those who visit our county."

Dignitaries participating in the groundbreaking event included Angelia Risher, Gwinnett County Chamber of Commerce, Caryn McGarity, Executive Director, Gwinnett Convention & Visitors Bureau; Glenn Lewis, Regional Vice President of Franchise Operations for Marriott; Alan Bennett, CFO of Hotel Equities; and four investors including Gerald Benjamin, Mickey Steinberg, Dr. Larry Cooper and Dr. Raime Tritt.

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