ATLANTA—Hotel Equities has promoted Brad Rahinsky to president/COO, succeeding Fred Cerrone, founder and former president, who assumes the position of chairman/CEO.
“Brad has used his extraordinary leadership skills to attract top talent to our team and grow the company,” stated Cerrone. “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.”
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 a support team. His prior experience includes several executive-level positions with multiple brands and hotel management firms.
“I’m extremely excited about the future for Hotel Equities and look forward to our continued success,” stated Rahinsky. “In this dynamic period of our 25-year history, our organization will continue to lead the way for the industry and provide tremendous opportunities for our key stakeholders.”
To handle the firm’s expansion, Rahinsky added two VPs of operations along with additional support for the revenue management and financial support teams.