Hotel Equities to Operate Fairfield Inn & Suites in Downtown Memphis Set to Break Ground Early 2017
ATLANTA, GA. November 7, 2016 - Atlanta-based Hotel Equities recently announced its selection as the management firm for the new Fairfield Inn & Suites by Marriott as part of a development in downtown Memphis, Tennessee.
Goodlettsville-based EPIQ Hotels, Inc. and MNR Hospitality LLC, under the leadership of President B. Patel, are the developers of the hotel. In addition to this custom urban model of the Fairfield Inn & Suites, the project will also include a signature bar and restaurant on the corner of Union Avenue and B.B. King Blvd., facing AutoZone baseball park.
“We see great potential for this beautiful new hotel in a well-connected and thriving area of downtown Memphis,” said Joe Reardon, Sr. Vice President of Business Development and Marketing for Hotel Equities. “We are pleased to expand our management portfolio with the addition of a unique, purpose-built property in downtown Memphis. We understand the Memphis market well and have much experience here. Our award-winning guest service and management expertise will deliver value to our owner and guests alike.”
With plans to break ground in the first quarter of 2017, the hotel's developers are currently in the final bidding stage of construction with assistance from Hotel Equities. They anticipate an opening in the second quarter of 2018.
“We are excited to bring a trusted and popular Marriott brand to an integral part of downtown Memphis under top-notch management by Hotel Equities,” said B. Patel, President of EPIQ Hotels, Inc. “We look forward to being a part of the downtown community.”
The latest prototype of the Fairfield Inn & Suites was designed to deliver flexibility—especially in an urban market. This innovative model of the brand provides stress-free stays for travelers seeking to maintain their routine and stay balanced during their travels. The brand supports guest productivity and well-being with smart spaces, health-conscious food options and the Fairfield 100% Guarantee - all at a great value - so guests never skip a beat.
About Hotel Equities
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
770.934.2170
Brad Rahinsky
President and Chief Operating Officer
678.578.4444, x 22
Joe Reardon
Sr. Vice President of Business Development & Marketing
678.578.4444, x 23
Marriott International, Inc. (NASDAQ: MAR) is a global leading lodging company based in Bethesda,Maryland, USA, with more than 4,200 properties in 80 countries and territories. Marriott International reported revenues of nearly $14 billion in fiscal year 2014. The company operates and franchises hotels and licenses vacation ownership resorts under 19 brands, including: The Ritz-Carlton®, BVlgari®, EDITION®, JW Marriott®, Autograph Collection® Hotels, Renaissance® Hotels, Marriott Hotels®, Delta Hotels and Resorts®, Marriott Executive Apartments®, Marriott Vacation Club®, Gaylord Hotels®, AC Hotels by Marriott®, Courtyard®, Residence Inn®, SpringHill Suites®, Fairfield Inn & Suites®, TownePlace Suites®, Protea Hotels® and MoxyHotels®. Marriott has been consistently recognized as a top employer and for its superior business ethics. The company also manages the award-winning guest loyalty program, Marriott Rewards® and The Ritz-Carlton Rewards® program, which together surpass 50 million members. For more information or reservations, please visit our website at 
