Hotel Equities and Scenic Capital Advisors Break Ground on Fairfield Inn & Suites in Terrell, Texas
April 14, 2016 3:49pm
Atlanta, GA and Terrell, TX–April 14, 2016– Atlanta-based Hotel Equities and Scenic Capital Advisors broke ground on the new-build Fairfield Inn & Suites by Marriott at 351 Market Center Drive in Terrell, Texas on April 7, 2016. Hotel Equities serves as the management company for the hotel under development by owner Scenic Capital Advisors.
Thomas Chen, Principal of Scenic Capital Advisors, served as host along with representatives from Hotel Equities including Nahren Youkhana, Regional Director of Sales, and Yanbo Zhu, Regional Revenue Manager.
Dignitaries at the event included The Honorable Hal Richards, Mayor of Terrell, the Reverend John Lowrie, First Baptist Church of Terrell, The Honorable Jeb Hensarling, US Congressman, and Rick Carmona, Chairman of the Terrell Economic Development Corporation.
“We are excited to bring the Fairfield Inn & Suites brand to Terrell with its dynamic mix of businesses, events and attractions that will draw guests year-round,” said Joe Reardon, Sr. Vice President of Marketing and Business Development for Hotel Equities. "This is the 20th Fairfield Inn and Suites in our portfolio. Our brand knowledge and our ability to maximize its potential are unsurpassed in the industry. We are very pleased to continue our strategic partnership with the Chen family in building and operating a very successful hotel portfolio.”
"We were drawn to the steady growth and long-term prospects in Terrell and are excited about being a part of the community," said Thomas Chen, Principal for Scenic Capital Advisors and consultant to a family office focusing on commercial real estate in Texas.
“We are pleased to see the Fairfield Inn & Suites by Marriott pick the Crossroads of Terrell, a development at IH-20 and FM148,” said Hal Richards, the city’s mayor. “This booming area of Terrell is already home to the only Buc-ee's in North Texas and to a 50-acre site owned by Baylor, Scott and White Hospital. The Marriott hotel joins $105 million in new city building permits issued since 2010 and a school district, described by the local television station as, ‘bursting at the seams in band members, spirit teams and academic improvement.’ So, to the Marriott hotel we say, ‘Welcome to Terrell, America’.”
Considered just outside the Dallas Metroplex, Terrell boasts attractions that appeal to both tourists and business travelers. Leading attractions include the Terrell Heritage Museum and the No. 1 British Flying Training School Museum. The charm of historic homes and buildings, hiking and biking trails, the proximity to state parks and the city’s friendly atmosphere draws visitors each year.
Tags: hotel equities,
scenic capital advisors
Hotel Equities (HE) is an Atlanta-based full-service hotel ownership, management and development firm operating more than 95 hotels throughout North America. Frederick W. Cerrone, CHA, serves as Chairman and Chief Executive Officer. Brad Rahinsky serves as President and Chief Operating Officer. For more information, visit www.hotelequities.com.
Contact: Margaret M. Jones, Director of Public Relations
Contact: Brad Rahinsky, President and Chief Operating Officer
678.578.4444, x 22
Contact: Joe Reardon, Sr. Vice President of Marketing and Business Development
678.578.4444, x 23
Hotel Equities Names Industry Veteran, Cesar Wurm, VP of Sales and Marketing
Virtua Partners and Hotel Equities Break Ground on Fairfield Inn & Suites in Tolleson, Arizona
Noble Merchant Properties Selects Hotel Equities to Manage Four New-Build Hotels in Texas
Hotel Equities Opens New 82-Room Fairfield Inn & Suites® by Marriott in Terrell, Texas
Hotel Equities Selected to Operate New Fairfield Inn & Suites by Marriott® Edmonton International Airport
Hotel Equities Selected to Operate New Fairfield Inn & Suites by Marriott® Toronto East Breaking Ground July 2018
Hotel Equities Selected to Operate New-Build Courtyard by Marriott in Winston-Salem, North Carolina
Hotel Equities Adds Four Points by Sheraton in York, Pennsylvania to Management Portfolio
AJR Hospitality and Hotel Equities Open Fairfield Inn & Suites by Marriott in Dublin, Georgia
Hotel Equities Promotes Becky Aleman to Regional Director of Operations
Hotel Equities Enters Canada; Creates Regional Support to Manage Two Marriott Hotels in Edmonton, Alberta
Developer Owner Scenic Capital Advisors Plans June 2018 Groundbreaking for Canopy by Hilton Austin Downtown
Plaza Hospitality Selects Hotel Equities to Manage Holiday Inn Express & Suites in Trinity, Florida
Hotel Equities to Operate Fairfield Inn & Suites Tulsa SE, Oklahoma
Hotel Equities Promotes Drew Salapka to Senior Vice President of Revenue Generation
Hotel Development Partners Breaks Ground for Courtyard in North Atlanta, Hotel Equities to Manage
Hotel Development Partners Celebrates Grand Opening for Residence Inn Atlanta Perimeter Center Dunwoody
Hotel Equities to Manage Courtyard North Brunswick and Spring Hill Suites Woodbridge in New Jersey
Hotel Equities Expands Executive Team with Four Key Appointments
Hotel Equities and F&F Break Ground on Staybridge Suites in Davie, Florida
Please login or register to post a comment.