Hotel Equities was selected as the management company for two conference center hotels near Dallas: The Courtyard by Marriott-Dallas Midlothian at the Midlothian Conference Center and the Fairfield Inn & Suites by Marriott-Decatur at Decatur Conference Center in Decatur.
The hotels are owned by Gatehouse Capital, which is based in Dallas.
“We are thrilled to welcome this new ownership group and these two Marriott hotels to the HE family,” Joe Reardon, Hotel Equities’ SVP of business development and marketing, said in a statement. “From day one, our team felt aligned with the Gatehouse Capital team. Having those conversations early on allowed us to gain a better understanding of their needs and expectations. We see an opportunity to add value in all facets with these two hotels and we look forward to building a long-standing relationship with the owners.”
Both hotels are located within walking distance to the city’s conference centers, offering flexible space to accommodate events. The Midlothian Conference Center offers nearly 30,000 square feet of meeting and event space, and the Decatur Conference Center offers 27,000 square feet of meeting and event space.
“Gatehouse Capital couldn’t be happier to welcome our new operating partner, Hotel Equities, to our projects in Midlothian and Decatur," Penn Collins, CEO of Gatehouse Capital, said in a statement. “Both projects serve as a point of pride not just for their cities, but our firm as well, and we feel Hotel Equities’ professionalism and passion will allow both hotels to reach new levels of success. From the moment the operator was engaged, they have been focused on every detail of the properties. We see these two projects as the first step toward a promising partnership on future projects.”