Investor/Owner Comments

“BDK Associates LLC has the distinct honor and pleasure of working with the Hotel Equities Team for more than four years.  The unique culture of Hotel Equities is what attracted us to them.. the character of the leaders, coaches and executives of Hotel Equities is what gave us the confidence and peace of mind to trust them to manage our new SpringHill Suites by Marriott Hotel located in Lake Charles, Louisiana..
our hotel’s performance since we opened in 2011 has far exceeded our expectations.  The Hotel Equities Team has done an outstanding job, both at the property level and at the corporate level, in helping our property achieve one of the shortest ramp up periods in Marriott history.  Hotel Equities’ strength, expertise, and reputation in the hospitality industry is why they are known as the ‘Cream of the Crop’ of Hotel Management Companies.”

- Evette Gradney, BDK Associates LLC, Owner, Lake Charles, LA

I have had the pleasure of working closely with Andrew Pace of Hotel Equities for more than a decade.  Andrew is my “go to guy” for assistance on hospitality related issues.   He has a broad knowledge of the industry as well as a breadth of industry contacts.  Andrew and Hotel Equities has a hands on, high involvement style which is comforting to clients.”

- M. Todd Westfall, Esquire, Howick, Westfall, McBryan & Kaplan LLP

You choose your partners based first on character and integrity and then ability to perform.   We have been fortunate to have both in Hotel Equities. Please make sure I am on the top 5% of your go to references.”

- Robert S. Friedman, President, Harbor Group Management Company

“Acting on the bank’s behalf as court-appointed receiver, Hotel Equities literally hit the ground running. Within hours of the judge’s receivership order, Hotel Equities had an inventory team on-site and their on-site manager had begun interviewing employees. By the end of the week I had written updates in hand. From that day forward, Andrew Pace and his team has consistently represented our bank in a consistent, responsive, and efficient manner.“

- Clark E. Blackwell,  Special Assets Officer, Renasant Bank, Canton, Georgia

“Hotel Equities, Inc. and its President & CEO Fred Cerrone are a strong, experienced and honest partner to consider establishing a relationship with regarding any hotel properties that have been acquired through or by the Bank. I have known Fred personally for over 20 years and he is a man of integrity and someone that has reached the pinnacle of his profession by being named “Hotelier of the Year” in 2009.”

- Bill Abernathy, Chief Risk Management Officer, State Bank and Trust Company, Atlanta, Georgia

“Fred Cerrone is a consummate professional. He is outstanding at building a team of people that deliver results. When you hire a management company, you really hope they will perform as if they own the property. Fred and his people operate with that mentality. We rely on Fred’s expertise.”
- Larry Callahan, Chief Operating Officer – Pattillo Construction
(Owners of the Hampton Inn-Stone Mountain, Georgia)

“Fred Cerrone helped us manage three hotels before, during, and after 9/11. Fred’s experience saw us through a very difficult period. He helped us maintain a high level of service to clients and get our revenue stream back on track. His company positioned us in the market and oversaw rehab of a 40-year-old hotel in midtown Atlanta. From new construction to rehab to marketing, Fred and his company did a marvelous job.”
- Bruce Williams, Executive Vice President – Prado Manager, Inc.

“Hotel Equities’ management always creates a seamless transition through various problems, including 9/11.”
- Bud Agee, President – Day Properties
(Hotel Equities managed eight Marriott properties for Day Properties.)