Atlanta, GA–October 31, 2011 – Atlanta-based Hotel Equities (www.hotelequities.com ) recently assumed management of the 83-room Fairfield Inn hotel at 3211 Executive Drive, Clearwater, Florida.  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 for Hotel Equities.*

CDE Hotel Properties, LLC owns the Fairfield Inn-St. Petersburg-Clearwater.  Investors include Don Elias, Terri Elias and Clark East.  Catherine Carter serves as the General Manager.

“Our ownership team has the utmost confidence in the revenue management capabilities of Hotel Equities because they have a strong reputation in the industry,” said Clark East, partner with CDE Hotel Properties, LLC.  “The Fairfield Inn-St. Petersburg-Clearwater is positioned for success. We look forward to expanding our hotel acquisition plans with Hotel Equities.”

The hotel benefits from its location in the community with the Carillon Office Park, one of the largest office parks on the West Coast of Florida.  Strategically located in the Gateway area of Tampa Bay, the office park and adjacent multi-family residential area have many amenities including an award winning boardwalk and jogging/fitness trail.

“We are proud to bring our award-winning hospitality to St. Petersburg-Clearwater and increase our firm’s presence in the West Coast of Florida,” said Tamara Markham, Hotel Equities Vice President of Operations.  “The renovated hotel offers updated public spaces and refreshed guest rooms that appeal to both business and leisure guests.”

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.

Complimentary breakfast is available each morning in the breakfast room off the lobby.  A full-service business center, a fitness center and an outdoor pool make it easy to plan almost any type of event at the hotel.   Guests enjoy the public areas that feature an inviting living-room ambiance.

*Treasure Bay Hotel & Marina, Treasure Bay, FL and Fairfield Inn & Suites-Holiday-Tarpon Springs

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 50 properties in its portfolio. For more information, visit www.hotelequities.com