News for the Hospitality Executive
Hotel Equities Names Andrew Pace as
Director of Acquisitions and Construction
|ATLANTA (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.
Frederick W. Cerrone, CHA,
|Also See:||Gary Finnell Named Director of Development for Sivica Hospitality / October 2005|