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

Atlanta, GA–April 23, 2012
– Atlanta-based Hotel Equities (HE) recently celebrated the Grand Re-Opening of the 208-room Cabot Lodge hotel located at 3726 SW 40th Boulevard in Gainesville, Florida with a ribbon cutting ceremony hosted by Deanna LoRusso, Hotel Equities Operations Coach. The hotel experienced a renovation of its guest rooms and public spaces. Teresa Roberson serves as the General Manager.

“We are excited about the Grand Re-Opening of the Cabot Lodge,” said Ms LoRusso.  “The property now looks and feels like a new hotel and we are proud to have it in our award-winning portfolio.”

At the event, Ms LoRusso recognized and welcomed a number of local dignitaries including Keith Perry, Florida House of Representatives; Brent Christensen, President and CEO, Gainesville Area Chamber of Commerce; and Paula Delaney, Board of County Commissioners, Alachua County, Florida.

William D. (Bill) Bowen represented Atlanta-based Premier Hotel Corporation, owner of the property, and helped to cut the ceremonial ribbon.  Hotel Equities entered into a long-term contract to manage the hotel in April 2011.

“We believe the renovation of this hotel is an investment in the Gainesville area,” said Mr. Bowen. “We are happy to be part the community’s growth and success.”

The Cabot Lodge Gainesville Hotel is located close to Fred Bear Museum, University of Florida, and Kanapaha Botanical Gardens.   Recreational amenities include an outdoor pool and a fitness facility. This hotel offers a business center, small meeting rooms and business services. Wireless Internet access is available in all public areas. It is a smoke-free hotel property.

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
Hotel Equities
770.934.2170

Andrew Pace
Vice President of Development
Hotel Equities
678.578.4444, x 23

Angela Raub
Vice President of Business Development
Hotel Equities
678.578.4444, x 16


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Also See: 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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