82-room Fairfield Inn in Clearwater, FL Completes Renovation of Guest Rooms and Public Spaces

Hotel Equities and CDE Hotel Properties Re-Open Property

. August 27, 2012

Atlanta, GA - August 27, 2012 - Atlanta-based Hotel Equities (HE) recently celebrated the Grand Re-Opening of the 82-room Fairfield Inn hotel located at 3211 Executive Drive in Clearwater, Florida with a ribbon cutting ceremony hosted by Elizabeth Derby, Hotel Equities Vice President of Sales and Marketing. The hotel experienced a renovation of its guest rooms and public spaces. Catherine Carter serves as the General Manager.

CDE Hotel Properties, LLC owns the Fairfield Inn-St. Petersburg-Clearwater located just north of I-275 at the gateway to the St. Petersburg-Clearwater International Airport.

The hotel is the third property in the greater Tampa area under management by Hotel Equities. Other hotels include the Treasure Bay Hotel & Marina, Treasure Bay, FL and Fairfield Inn & Suites Holiday Tarpon Springs.

“We are proud of the updates and improvements made at this Fairfield Inn during the renovation,” said Brad Rahinsky, Hotel Equities Vice President of Operations. “The property feels fresh and looks like new. We are proud to have it in our award-winning portfolio.”

At the event, Ms Derby recognized and welcomed a number of local dignitaries including: Dave Moore, Former Tampa Bay Buccaneer; Angel Natel, St. Petersburg/Clearwater Sports Commission; Jeanine Messerschmidt, St Petersburg/Clearwater CVB; Clark East, Partner, CDE Hotels, LLC; and Kathy Gerber, Clearwater Regional Chamber of Commerce.

More than a dozen golf courses lie within a ten-mile radius of the hotel. Activities for the outdoor enthusiast in addition to the nearby beaches include fly-fishing, horseback riding, sailing, scuba diving, biking and much more. Busch Gardens, the Salvador Dali Museum and the Florida Aquarium beckon guests of all ages.

A full-service business center, a board room for small meetings, a fitness center and an outdoor pool make it a great choice for business and leisure guests. Complimentary breakfast is available each morning in the breakfast room off the lobby. All public areas feature an inviting living-room ambiance.

About Hotel Equities
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.

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