ATLANTA — Hotel Equities (HE) has named Ryan McRae senior vice-president of Business Development. McRae most recently served as area vice-president of Lodging Development with Marriott International. Based in Vancouver, in his new role, McRae will focus on continuing to grow Hotel Equities’ Canadian portfolio of full-service, select-service and extended-stay hotels.
Prior to joining Marriott in 2014, McRae was vice-president, Acquisitions and Development for SilverBirch Hotels & Resorts, where he was responsible for hotel development and acquisition activities across Canada. He also served as chairman of the company’s investment committee. Prior to his role with SilverBirch, McRae was a development director with Hilton Worldwide, where he focused on corporate growth both in Canadian and global markets.
“Ryan’s impressive background in hotel development and his experience with both Marriott and Hilton hotels make him the ideal candidate to lead our growth strategy in Canada,” says HE’s Chief Development Officer, Joe Reardon. “I’ve had the pleasure of working with Ryan for several years as we’ve brought new development projects to completion and I’ve witnessed first-hand his capacity for building relationships with a desire to generate strong returns for our owners. We’re proud to now welcome him to the Hotel Equities family.”
The firm’s portfolio of 166 hotels includes 26 in Canada.
“After working with the Hotel Equities team for many years as a member of Marriott, when the opportunity became available to join them it seemed like the natural transition,” says McRae. “I’ve always been impressed with their team’s mission and values, they’re very much aligned with the Marriott culture. I look forward to adding value and working alongside the great team at HE.”