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Hotel Equities Tapped to Manage Four La Quinta Hotels in Tampa

Monday, December 09, 2013
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Hotel Equities
Hotel Equities
Hotel Development and Management

Atlanta-based Hotel Equities (www.hotelequities.com) has been selected to manage four La Quinta Inn & Suites hotels in the greater Tampa, Florida metro area with a total of 265 rooms.

The four hotels include La Quinta Inn & Suites Clearwater South, La Quinta Inn & Suites St. Petersburg Northeast, La Quinta Inn & Suites Tampa Central and La Quinta Inn & Suites Tampa South.

“Adding four additional properties in Tampa brings us to a total of 10 hotels in Florida and gives us great flexibility and synergy here,” said Joe Reardon, Vice President of Business Development for HE. “We are working with our ownership group to optimize opportunities and add value to these well-positioned Tampa hotel assets. We are excited about even more growth in South Florida in the near future.”

Hotel Equities recently added the management of the 145-room La Quinta Inn & Suites Pittsburgh North in western Pennsylvania. The firm now holds the management contracts for five La Quinta Inn and Suites in its portfolio.

Jeff Palla, Senior Vice President Operations at La Quinta Inns & Suites, said, "We're happy and proud that Hotel Equities will manage these four outstanding Tampa properties. Building on an already strong partnership, we will look forward to more cooperative opportunities in the future."

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.

About La Quinta
LQ Management L.L.C. is one of the largest operators of select-service hotels in the United States. Based in Irving, Texas, the Company operates and provides franchise services to more than 800 hotels in 46 states, Canada and Mexico under the La Quinta Inn® and La Quinta Inn & Suites® brands. For reservations or more information about La Quinta, please visit www.LQ.com or call 1-800-SLEEPLQ. Follow La Quinta Inns & Suites on Twitter at:twitter.com/LQ or on Facebook at: www.facebook.com/laquinta.

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