McKibbon Focuses on Acquisitions and Asset Management with Appointment and Promotion
May 23, 2023
McKibbon Hospitality has appointed Matthew Ram as Senior Vice President of Acquisitions and promoted James Merrihew to Senior Asset Manager as the company expands its focus to include hotel acquisitions and new development projects in addition to third-party management.
“To help support the growth and diversification of our portfolio, we are pleased to announce the return of Matthew Ram as Senior Vice President of Acquisitions and the promotion of James Merrihew to Senior Asset Manager,” said J.B. McKibbon, IV, president of McKibbon Equities. “Well respected and connected industry leaders, Matthew and James will be instrumental in guiding our overall strategy and ensuring the performance of our newly acquired and McKibbon-owned assets.”
As Senior Vice President of Acquisitions, Ram will be responsible for managing deal sourcing, underwriting and investment analysis, acquisitions, dispositions, asset management, transaction support, and investor relations. He returns to McKibbon in this new role having joined the company in 2019 as Vice President of Acquisitions before taking on a Senior Vice President of Acquisitions role with Peachtree Hotel Group.
Throughout his career, Ram has served as Investment Manager for the Tampa-based
commercial real estate investment, development, and management company, Liberty Group, where he oversaw real estate investment activity, conducting investment analysis, financial planning, and more. He has also held financial analyst positions with companies including J.J. Haines and Co., Wells Fargo, and The John Hopkins Hospital.
Merrihew, who joined McKibbon in 2021 as Asset Manager, is responsible for monitoring and assessing the overall performance of 18 McKibbon-owned hotel properties, nine restaurant concepts, 11 vacation rentals, as well as office buildings and parking decks throughout the southeastern United States. In his new role, he is charged with analyzing revenue and management data to implement a wide range of positioning strategies aimed at ensuring each asset maximizes their potential, including the execution of capital improvements and renovations.
Prior to joining McKibbon, Merrihew held a variety of on-property hotel operations roles with White Lodging including Dual Assistant General Manager of the 422-room, dual-branded Aloft-Element Austin Downtown. While serving as General Manager of their Hilton Garden Inn Salt Lake City Airport, Merrihew was elected to White Lodging’s President Council in 2018 and 2019 based on overall performance metrics. He was also the recipient of their 2018/2019 Q1 Excalibur Award, 2017 Q3 Excalibur Award, 2017 Living the Vision Award.