Hotel Equities Adds 43rd Hotel to Portfolio

. March 12, 2009

MARCH 12, 2009 - Atlanta-based Hotel Equities (HE) recently logged the 43rd hotel in its growing portfolio with the addition of the Candlewood Suites in Macon, Georgia. HE will manage the 83-room hotel that is conveniently located at 3957 Riverplace Drive off Interstate 75 in Macon at exit 169.

The Candlewood Suites marks the second hotel under the company's management in Macon. Hotel Equities begins a new business relationship with Ashok J. Patel and Shree Ji Swamibapa Ji, LLC, the owner of the four-story property.

"We are pleased to add Candlewood Suites as a new brand to our award-winning portfolio," said Hotel Equities President & CEO Fred Cerrone. "We welcome the opportunity to expand our company's operations in Macon and serve the needs of travelers to the city."

Opened in October 2008, the Candlewood Suites-Macon is an extended stay hotel featuring a fully equipped kitchen, a large workspace, and Comfort of Home Bedding Collection in each suite. Standard amenities in the all-suites property include a guest laundry facility, an exercise room and an outdoor pool. Complimentary wireless high-speed Internet access, a business center with copy and fax services, plus meeting space and more make this hotel a popular choice with both business and leisure travelers.

Hotel Equities (HE) is an Atlanta-based full-scale hotel management, development and consulting firm with 43 properties presently in its portfolio. Frederick W. Cerrone, CHA, serves as President and CEO. For more information, visit www.hotelequities.com.

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