Atlanta-based Hotel Equities has been selected to develop and manage the 107-room Home2 Suites by Hilton hotel in St. Louis, Missouri. This marks Hotel Equities' strong entry into the mid-west and Missouri with their first hotel in the Home2 Suites brand. The property is set to break ground in May 2014 and open in 2015.
"We are extremely excited to partner with Above All Development group of St. Louis, Missouri on their Home2 Suites by Hilton," said Joe Reardon, Vice President of Business Development for HE. "Our cultures align in many ways and we feel this is a strong partnership, not only with great owners, but a great brand. The hotel offers a unique and 'hip' extended-stay experience for savvy, value-oriented business and leisure travelers. With our operational expertise in select service and extended stay space, we are encouraged about delivering an excellent return for our investors."
The Home2 Suites site is located in the heart of the Forest Park/Central West End area of St. Louis, a growing hub for many business segments and weekend sporting events including professional and recreational teams. The "A" location is surrounded by Washington University, the Washington University Medical Center, St. Louis University, Barnes Jewish Hospital, St. Louis Children's Hospital and the popular 1,293-acre Forest Park. A variety of dining and shopping venues surround the park providing incredible business demand generators.
"We are excited to bring a new hotel with a new brand to our home town," said owners Stan McCurdy and Bryan Aston, principals with Above All Development. "Our firm has a long history of successful development projects both commercial and residential. We chose Hotel Equities as our partner because they bring expertise in both development and management but, more importantly, their culture and values match our organization's mission. Our city is ready to grow and it deserves the best we can deliver. We feel we have the right brand in the best location that can serve all disciplines well."
Home2 Suites provides spacious and stylish suites while the community space offers guests a friendly and casual environment in which to work or play.The hotel offers easy access to technology as well as the trademark Home2 Suites amenities standard in all properties, such as the Oasis lobby area, the Home2 MKT for grab-and-go items, the Spin2 Cycle (a combined laundry and fitness area), and the free continental breakfast at the Inspired Table that includes a variety of morning favorites like a hot breakfast sandwich. The hotel also features an outdoor saline pool and patio with gas grills and a fire pit for guests' use.
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 45 properties in its portfolio
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