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DALLAS — Locally based hotel investment, management and advisory company Prism Hotels & Resorts has assumed management of the 303-room Sheraton Dallas Fort Worth Airport Hotel. Concurrently, Prism — along with Los Angeles-based property owner Stratford Hospitality — has committed $7 million to renovate the property, including improvements to the hotel’s three-story atrium, lobby, dining facilities, pool area and guest rooms. This investment is in addition to the recent $1 million in upgrades to the property’s Wi-Fi system and guest room bedding. Prism currently manages more than 30 hotels in urban, suburban and resort locations for multiple institutional and private owners.