Hotel Equities to Develop Hampton Inn & Suites in Marathon Key, FL
Atlanta, GA - April 30, 2009. Atlanta-based Hotel Equities (HE) announced the development of an 80-key Hampton Inn & Suites in Marathon Key, Florida.
Peter Rosasco, principal member of Sundance Resort & Marina, LLC, is the joint venture partner working with Hotel Equities on the project in this high-barrier-to-entry market.
The Hampton Inn & Suites will enjoy a prominent location with unobstructed water views and frontage on highway A1A, otherwise known as the Overseas Highway, the only highway providing access from the mainland to the Florida Keys. At 2146-2188 Overseas Highway, the hotel will be 3.5 miles from the Marathon Airport, second only in size to Key West International in the Keys.
"We are excited about developing a Hampton Inn & Suites hotel with Peter Rosasco and Sundance Resort & Marina on this prime Florida Keys location," said Hotel Equities President & CEO Fred Cerrone. "We will also manage the hotel and look forward to extending our unique brand of award-winning service to the Marathon Key area."
Known for some of the best fishing, diving and snorkeling in the country, the Florida Keys draw visitors from throughout the world. Situated midway between Miami and Key West, the Hampton Inn & Suites-Marathon Key is poised to take advantage of the tourism-driven market.
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 42 properties in its portfolio. For more information, visit http://www.hotelequities.com.
Contacts:
Margaret M. Jones
Margaret M. Jones Public Relations
770-934-2170
Mary Beth Cutshall
Director of Development
Hotel Equities
678-578-4444 x:16
Andrew Pace
Director of New Development
Hotel Equities
678-578-4444 x:23
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