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Hotel Equities and CDE Hotel Properties Re-Open
the 82-room Fairfield Inn in Clearwater, Florida

Upon Completion of Renovation of Guest Rooms and Public Spaces

Atlanta, GA–August 24, 2012
– Atlanta-based Hotel Equities (HE) recently celebrated the Grand Re-Opening of the 82-room Fairfield Inn hotel located at 3211 Executive Drive in Clearwater, Florida with a ribbon cutting ceremony hosted by Elizabeth Derby, Hotel Equities Vice President of Sales and Marketing. The hotel experienced a renovation of its guest rooms and public spaces. Catherine Carter serves as the General Manager.

CDE Hotel Properties, LLC owns the Fairfield Inn-St. Petersburg-Clearwater located just north of I-275 at the gateway to the St. Petersburg-Clearwater International Airport.

The hotel is the third property in the greater Tampa area under management by Hotel Equities. Other hotels include the Treasure Bay Hotel & Marina, Treasure Bay, FL and Fairfield Inn & Suites Holiday Tarpon Springs.

“We are proud of the updates and improvements made at this Fairfield Inn during the renovation,” said Brad Rahinsky, Hotel Equities Vice President of Operations.  “The property feels fresh and looks like new.  We are proud to have it in our award-winning portfolio.”

At the event, Ms Derby recognized and welcomed a number of local dignitaries including: Dave Moore, Former Tampa Bay Buccaneer; Angel Natel, St. Petersburg/Clearwater Sports Commission; Jeanine Messerschmidt, St Petersburg/Clearwater CVB; Clark East, Partner, CDE Hotels, LLC; and Kathy Gerber, Clearwater Regional Chamber of Commerce.

More than a dozen golf courses lie within a ten-mile radius of the hotel. Activities for the outdoor enthusiast in addition to the nearby beaches include fly-fishing, horseback riding, sailing, scuba diving, biking and much more. Busch Gardens, the Salvador Dali Museum and the Florida Aquarium beckon guests of all ages.

A full-service business center, a board room for small meetings, a fitness center and an outdoor pool make it a great choice for business and leisure guests.  Complimentary breakfast is available each morning in the breakfast room off the lobby.  All public areas feature an inviting living-room ambiance.

About Hotel Equities
Hotel Equities (HE) is an Atlanta-based full-scale hotel management, development and consulting firm. Frederick W. Cerrone, CHA, serves as President and CEO. HE presently has more than 40 properties in its portfolio. For more information, visit www.hotelequities.com.


Contact:

Margaret M. Jones
Dir. of Public Relations
mjones@hotelequities.com
770.934.2170

Andrew Pace
Vice President of Development
apace@hotelequities.com
678.578.4444, x 23

Angela Raub
Vice President of Business Development
araub@hotelequities.com
678.578.4444, x 16


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Also See: Hotel Equities Opens the 129-room Wyndham Garden Duluth Hotel in Gwinnett County, Georgia; Completing the Renovation and Conversion of the Former Holiday Inn / July 2012

Hotel Equities Chosen by Liberty University to Manage the 131-room Wingate by Wyndham Hotel Adjacent to the Campus in Lynchburg, Virginia / July 2012

Hotel Equities Chosen to Manage the Country Inn & Suites Hotel in Tucker, Georgia / June 2012

Hotel Equities Names Kevin Butler as General Manager for the 108-room SpringHill Suites by Marriott in Lake Charles, Louisiana / May 2012

Hotel Equities Completes Renovation of the 118-room Hampton Inn Jacksonville-I-95 Central Hotel in Florida / April 2012

Hotel Equities Completes Renovation and Celebrates Re-Opening of the 208-room Cabot Lodge Hotel in Gainesville, Florida / April 2012

Hotel Equities Selected to Manage the 99-room Hampton Inn Fairburn Hotel in Metro Atlanta, Georgia / April 2012

The 108-room SpringHill Suites by Marriott in Lake Charles, Louisiana Awarded Opening General Manager of the Year and Opening Hotel of the Year for 2011 for the Marriott Brand; Developed and Owned by BDK Associates and Managed by Hotel Equities / March 2012

Hotel Equities Promotes Angela Raub to Vice President of Business Development / January 2012

Hotel Equities Assumes Management of the 79-room Cayo Grande Suites Hotel in Ft. Walton Beach, Florida / January 2012

Fred Cerrone, President and CEO of Hotel Equities, Named to the Board of Directors of the Atlanta Hospitality Alliance / December 2011

Hotel Equities Names Barry Wabler as Vice President and Chief Financial Officer / December 2011

Hotel Equities Assumes Management of the 83-room Fairfield Inn in Clearwater, Florida, Owned by CDE Hotel Properties / November 2011

Hotel Equities Appoints Deanna LoRusso as Operations Coach for a Number of Hotels in their Portfolio / October 2011

Hotel Equities Appoints Elizabeth Derby as Vice President of Sales and Marketing / September 2011

Hotel Equities to Manage the 71-room Hampton Inn and the 64-room Sleep Inn in Stony Creek, Virginia / September 2011

Hotel Equities Names Gary Faehr as General Manager for the 118-room Hampton Inn Jacksonville Downtown I-95 in Florida / August 2011

Hotel Equities to Manage the 118-room Hampton Inn Jacksonville-I-95 Central Hotel in Jacksonville, Florida; Extensive Renovation is Planned for the Property / August 2011

Hotel Equities Opens the 78-room Fairfield Inn & Suites Holiday Tarpon Springs in Holiday, Florida / July 2011

Hotel Equities and BDK Associates Open the 108-suite SpringHill Suites by Marriott in Lake Charles, Louisiana / June 2011

Hotel Equities and Premier Hotel Corporation Form Joint-Venture Partnership for Management of Seven Hotels in Premier's Portfolio / April 2011

Hotel Equities Appointed Receiver of 80-room Fairfield Inn & Suites at Savannah Airport in Savannah, Georgia / March 2011

Barry Wabler Appointed as Chief Financial Officer for Hotel Equities / March 2011

Hotel Equities Selected to Manage the 58-room Hampton Inn in West Jefferson, North Carolina / February 2011

Hotel Equities Cuts Ribbon for New 102-room Courtyard by Marriott in McDonough, Georgia / January 2011

Hotel Equities Names Angela Raub the Director of Business Development / January 2011

Tamara Markham Promoted to Vice President of Operations for Hotel Equities / December 2010

Hotel Equities Adds Nancy Curtin Morris as Training and People Development Coach / October 2010

Ribbon Cut for the 80-room Fairfield Inn & Suites by Marriott in Commerce, Georgia; Kelly Brower the Opening General Manager / October 2010

 Hotel Equities Completes Total Renovation 20 Year Old Hampton Inn in Stone Mountain, Georgia / September 2010
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