Hotel Equities Adds Management of Lake Lanier Suites Hotel

. March 19, 2013

March 19, 2013 - Atlanta-based Hotel Equities assumed management today of the 72-room Lake Lanier Suites hotel at 1755 Browns Bridge Road, north of Atlanta in Gainesville, Georgia.

"We are delighted to bring our best-in-class management and award-winning guest service to this hotel near our hometown of Atlanta," said Brad Rahinsky, Senior Vice President of Hotel Equities. "The property will undergo an extensive renovation and conversion to the new, award-winning Fairfield Inn and Suites providing our guests with a new level of service and quality in the Gainesville area. We're excited to be part of that growth, creating additional opportunities for our associates and shareholders.”

"2012 was a record year for Hotel Equities and our valued partners.” Said Mr. Rahinsky. “We're picking up right where we left off with double digit growth for our investors and key stakeholders in 2013. We are well-positioned to leverage our best-in-class operational and revenue management models to successfully maximize growth for our rapidly expanding portfolio of nearly 50 hotels.

Located in the heart of Gainesville, the hotel is close to all that Lake Lanier and the surrounding North Georgia mountains offers including: Smithgall Arts Center, Elachee Nature Science Center, and Chicopee Woods Golf Course. Additional area points of interest include Gainesville Theatre Alliance and College Square Shopping Center. The hotel features state of the art technology services, an indoor pool and a fitness facility.

The hotel offers a buffet breakfast each morning off the lobby. A 24-hour business center and free Wi-Fi throughout the hotel make it appealing to both business and leisure guests.

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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