Atlanta-based Hotel Equities recently promoted Brad Rahinsky to the position of President and Chief Operating Officer. Fred Cerrone, founder and former president, assumes the position of Chairman and Chief Executive Officer.
“Brad has used his extraordinary leadership skills to attract top talent to our team and grow the company,” said Fred Cerrone, Chairman and CEO. “He has been instrumental in securing new business through key development deals and driving results to both the top and bottom line of our hotel assets.”
Mr. Rahinsky joined Hotel Equities more than two years ago with a comprehensive 20-plus year background in hospitality operations, sales and marketing and business development. In his new position, he takes charge of Hotel Equities’ strategic planning as well as all aspects of the organization’s day-to-day activities with the assistance of an industry-best support team. His prior experience includes several executive level positions with multiple brands and hotel management firms.
During the industry’s recent robust growth period, beginning in September 2013, Hotel Equities added over 20 hotels to its portfolio. The firm now has five hotels under development, including one in Miami Beach and one on Costa Rica’s Pacific coast.