Hotel Equities Names Director of Acquisitions and Construction
ATLANTA, GA, September 26, 2007. Atlanta-based Hotel Equities (HE) recently named Andrew J. Pace to the position of Director of Acquisitions and Construction. His focus and responsibilities include determining market feasibility of multiple new hotel development projects and acquisition-conversion opportunities. He provides entitlement, permitting, construction and development services for company owned and affiliated projects primarily utilizing the Marriott and Hilton brands.
"Andrew brings a wealth of experience in hotel site acquisition and development, especially in extended stay," said Fred Cerrone, President and CEO of Hotel Equities. "He has a proven track record as a highly skilled and capable leader and he will be an outstanding asset to our organization."
Before the move to Hotel Equities, Mr. Pace served as President of Development & Acquisitions for Longhouse Hospitality, an Atlanta-based owner and operator of the Sun Suites, Crestwood Suites and Jameson Inn hotel brands. Unique to many developers, Mr. Pace also has extensive operations experience having served as President of Park Management Group, an affiliate of Longhouse Hospitality. He was responsible for managing 600 employees, including a corporate staff of 22, for the privately-owned lodging chain of 42 extended stay hotels and six third-party managed hotels.
Mr. Pace began his hospitality career as founder and president of SuiteOne Hotels, LLC where he developed and operated seven extended stay hotels in the Southeast. A past member of the American Hotel & Lodging Association (AHLA) Extended Stay Council, he presently serves on the Advisory Board for Georgia State University's Cecil B. Day School of Hospitality. He is as an executive officer of the State of Georgia following an appointment in 1999 to the State Board of Architects and Interior Designers.
A graduate of Georgia State University with a B.B.A. in Marketing, Mr. Pace holds an Executive MBA from Mercer University in Atlanta. He and his wife Andrea are the parents of three teenage boys. A leader in many community activities, Mr. Pace enjoys playing ALTA tennis, gardening and traveling. He and his family reside in Lawrenceville.
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 
