Atlanta-based Hotel Equities established a strategic partnership with Louisiana-based River Ridge Renovations to maximize their individual strengths in the hospitality industry.
Known for its development and property management, Hotel Equities is working with River Ridge Renovations for its specialization in the renovation and repositioning of hotel properties, the development and execution of property improvement plans and the managing of capital expenses.
“We’re excited to take this important step to partner with River Ridge, a top-notch team led by Ben Wallace, an experienced and reputable leader in the renovation and reposition space,” said Joe Reardon, SVP of marketing and business development. “Wallace brings a sterling reputation for the work he has done in transforming, repositioning and renovating hotels. When we pair that with our firm’s proven record as developers and best in class operators, we deliver a comprehensive solution to our partners who have been looking for assistance in this critical area.”
Previously, Ben Wallace worked as leading project manager overseeing new-build construction projects for InterMountain Management. He later moved to the asset management team, working closely with operations to ensure property assets were maintained to the highest standards. In 2010, he created and served as president of a subsidiary company which offered third-party renovation services to hotel owners and brands including Extended Stay America, Hilton, Hyatt, Intercontinental Hotel Group, La Quinta, Marriott, Starwood, Wyndham and more.
“We are thrilled with the opportunity to partner with Hotel Equities,” said Ben Wallace, president, River Ridge Renovations. “Hotel Equities is known for exceeding the expectations of the customer, which is our goal at River Ridge.“