Atlanta, GA–April 30, 2009 – Atlanta-based Hotel
Equities (HE) announced the development of an 80-key Hampton Inn &
Suites in Marathon Key, Florida.
Peter Rosasco, principal member of Sundance Resort & Marina, LLC,
is the joint venture partner working with Hotel Equities on the project
in this high-barrier-to-entry market.
The Hampton Inn & Suites will enjoy a
prominent location with unobstructed water views and frontage on
highway A1A, otherwise known as the Overseas Highway, the only
highway providing access from the mainland to the Florida
Keys. At 2146-2188
Overseas Highway, the hotel will be 3.5
miles from the Marathon
Airport,
second only in size to Key West International in the Keys.
“We are excited about developing a
Hampton Inn & Suites hotel with Peter Rosasco and Sundance Resort
& Marina on this prime Florida Keys
location,” said Hotel Equities President & CEO Fred Cerrone.
“We will also manage the hotel and look forward to extending our unique
brand of award-winning service to the Marathon Key area.”
Known for some of the best fishing, diving
and snorkeling in the country, the Florida Keys
draw visitors from throughout the world. Situated midway between Miami and Key West, the Hampton Inn &
Suites-Marathon Key is poised to take advantage of the tourism-driven
market.
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 42 properties in its portfolio.
For more information, visit www.hotelequities.com.
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