Hotel Equities Selected to Operate Fairfield Inn & Suites by Marriott to be Built in Terrell, Texas
December 21, 2015 6:30am
Scenic Capital Advisors to break ground in Q2 2016 with a Q1 2017 opening planned.
Atlanta, GA - December 21, 2015 - Atlanta-based Hotel Equities (www.hotelequities.com) recently announced its selection as the management firm for the new-build Fairfield Inn & Suites by Marriott at 351 Market Center Drive, Terrell, Texas. Located less than 30 miles east of Dallas, just off U.S. Route 80, the hotel is convenient for business travelers and tourists as well.
"Expanding our management portfolio deeper into the heart of Texas is of significant importance to our firm," said Joe Reardon, Vice President of Marketing and Business Development for Hotel Equities. "The Terrell location offers a dynamic mix of businesses, events and attractions that will bring guests to our hotel year-round. Our award-winning guest service and management expertise will deliver value to our owners.
Under development by Scenic Capital Advisors, LLC, the hotel is set to break ground in the second quarter of 2016 and is expected to open in the first quarter of 2017.
"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, 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,
fairfield inn & suites terrell
Hotel Equities (HE) is an Atlanta-based full-scale hotel ownership, management and development firm operating more than 100 hotels throughout North America. Frederick W. Cerrone, CHA, serves as Chairman and CEO; Brad Rahinsky serves as President and COO. 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, 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
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
Alex. Brown Realty JV with Hotel Development Partners to Develop Courtyard by Marriott in Alpharetta, Georgia
Please login or register to post a comment.