Business & Finance

Hotel Development Partners and Hotel Equities Celebrate Topping Off of Residence Inn by Marriott in Dunwoody, Georgia

ATLANTA, GA. December 20, 2016 – The new Residence Inn by Marriott Atlanta Perimeter Center Dunwoody, owned by Atlanta-based Hotel Development Partners and managed by Atlanta-based Hotel Equities, recently topped off in Dunwoody.

The seven-story extended stay hotel, under construction by Atlanta-based Winter Construction, will include 124 rooms and an outdoor swimming pool. Joe Fallis serves as the General Manager of the hotel with Susan Zuppardo as the Director of Sales.

Fogo de Chao, a Brazilian steakhouse, opened in early December on one of the two commercial outparcels at the site located on property owned by the non-profit Spruill Center for the Arts and leased to Hotel Development Partners. 6,000 square feet of retail space is planned for the additional outparcel.

“We’re proud and excited to bring this important hotel to the heart of Dunwoody, our home town, said Fred Cerrone, COO of Hotel Development Partners and Chairman and CEO of Hotel Equities.

“The addition of this Marriott hotel will enhance the local lodging offerings in one of Atlanta’s prime office-retail locations,” said Allen O’Brien, CEO of Hotel Development Partners, LLC. “We’re excited to announce the progress and look forward to the hotel’s opening in the summer of 2017.”

The topping out ceremony, held on Monday, November 28, celebrated the hard work of all the stakeholders involved, including subcontractors. In addition to Hotel Equities and Hotel Development Partners, Winter and its subcontractors, DRB Consulting and Richard Rauh & Associates were in attendance. City officials from Dunwoody also attended, including the City of Dunwoody’s Chief of Police, Billy Grogan, and the Mayor of Dunwoody, Denis Shortal. Mr. Shortal gave a speech about the importance of the Residence Inn to the area, in addition to the recently-completed Hampton Inn & Suites Atlanta Perimeter Dunwoody, located nearby on Ashford Dunwoody Rd., a hotel built by Winter, owned by Hotel Development Partners and managed by Hotel Equities.

About Hotel Development Partners, LLC (HDP

Hotel Development Partners, LLC (HDP) is an Atlanta-based joint venture formed by Hotel Equities and IRE Capital for the purpose of acquiring and developing premier-branded, select service hotels. Principals of HDP are Bob McCarthy, Chairman of the Board, Allen T. O’Brien, Chief Executive Officer and Frederick W. Cerrone, Chief Operating Officer.

About Hotel Equities (HE)

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.

About Winter Construction

Winter Construction is a privately owned and operated Atlanta based general contracting company. We provide construction services to clients in the hospitality, retail, government, education, senior living, and multi-family markets throughout the Southeast. For more information visit: http://www.winter-construction.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

Coming Up In The May Online Hotel Business Review




Feature Focus
Eco-Friendly Practices: The Value of Sustainability
The hotel industry continues to make remarkable progress in implementing sustainability policies and procedures in their properties throughout the world. As a result, they continue to reap the benefits of increased profitability, enhanced guest experiences, and improved community relations. In addition, as industry standards are codified and adopted worldwide, hotels can now compare how their operations measure up against their competitors in terms of sustainable practices and accomplishments. This capacity to publicly compare and contrast is spurring competition and driving innovation as hotels do not wish to be left behind in this area. Water management and conservation is still a primary issue as population growth, urbanization, pollution and wasteful consumption patterns place increasing demands on freshwater supply. Water recycling; installing low-flow fixtures; using digital sensors to control water usage; and even harvesting rainwater are just a few things that some hotels are doing to preserve this precious resource. Waste management is another major concern. Through policies of reduce, reuse and recycle, some hotels are implementing “zero-waste” programs with the goal of substantially reducing their landfill waste which produces carbon dioxide and methane gases. Other hotels have established comprehensive training programs that reinforce the value of sustainability. There is employee engagement through posters and quizzes, and even contests are held to increase innovation, sensitivity and environmental awareness. Some hotels are also monitoring a guest’s energy usage and rewarding those who consumed less energy with gifts and incentives. The May issue of the Hotel Business Review will document how some hotels are integrating eco-friendly practices into their operations and how they and the environment are benefiting from them.