Hotel Equities Expands Portfolio in Texas and Florida with Management of Two Wyndham Branded Hotels; Adds 11th Property in Florida; First in Texas
"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.
Margaret M. Jones
Dir. of Public Relations
Hotel Equities (HE) is an Atlanta-based full-service hotel ownership, management and development firm operating more than 100 hotels throughout North America. Frederick W. Cerrone, CHA, serves as Chairman and Chief Executive Officer. Brad Rahinsky serves as President and Chief Operating Officer. For more information, visit www.hotelequities.com.