WEST MONROE, LA—Hotel Equities has been selected as the management firm for the Fairfield Inn & Suites by Marriott under development here. The hotel will break ground this summer.
Expected to open in the third-quarter of 2016, the hotel will be located near numerous corporate offices, as well as the University of Louisiana-Monroe and the Ike Hamilton Expo Center.
“We are excited to continue our growth in Louisiana with this entrepreneurial ownership group that is one of the best at identifying the right opportunity with the right brand in markets that continuously outperform the industry norms,” stated Joe Reardon, VP, marketing and business development for Hotel Equities. “With eight hotels currently in operation or under construction in Louisiana, expanding our management portfolio with the addition of a Marriott-branded hotel in the northeast part of the state is a strategic next step. We like the trends we are seeing in Louisiana and will continue to seek opportunities to grow in this region.”