Tecton Names VP Finance
JUNE 12, 2007. Tecton Hospitality announced today that it has named Dave MacRae vice president of finance. MacRae has more than 19 years of experience in finance as it relates to the hospitality industry. Prior to joining Tecton, MacRae was the director of finance and area controller at the 730-room Omni Resort at Champions Gate, Fla., where he developed and managed a $200 million budget and led ownership through a $150 million property financing. Before this, he was the area controller at the Omni CNN Center in Atlanta, Ga., where he directed the financial operations of six hotels and a $70 million budget.
"Dave has a proven track record of maximizing profitability and managing budgets effectively. We look forward to him applying his experiences to help Tecton continue its growth." said Raul Leal, president of Tecton Hospitality.
MacRae has a bachelor's degree in comprehensive accounting from University of Wisconsin-Eau Claire in Eau Claire, Wis. He is an active member of the Hospitality Financial & Technology Professionals.
Tecton Hospitality and Desires Hotels, the boutique division, provide a wide range of management services to both institutional and individual owners of hotels in the United States and Caribbean. The Desires portfolio currently includes the award-winning 93-room Sagamore Hotel, the 66-room Wave Hotel, the 83-room Circa 39, the 40-room Hotel Astor, the 61-room Betsy Ross Hotel and the 87-room condo hotel The Strand Ocean Drive in Miami Beach, Fla., the award-winning 84-room San Juan Water & Beach Club Hotel in San Juan, Puerto Rico, the 110-room Glenn Hotel in Atlanta, Ga., and the 235-room Hotel Mela in New York City, NY.
The Miami-based company also operates franchise hotels, including full-service properties and resorts under the Sheraton, Marriott, Hampton Inn, Choice and Holiday Inn brands.
Marriott International, Inc. (NASDAQ: MAR) is a global leading lodging company based in Bethesda,Maryland, USA, with more than 4,200 properties in 80 countries and territories. Marriott International reported revenues of nearly $14 billion in fiscal year 2014. The company operates and franchises hotels and licenses vacation ownership resorts under 19 brands, including: The Ritz-Carlton®, BVlgari®, EDITION®, JW Marriott®, Autograph Collection® Hotels, Renaissance® Hotels, Marriott Hotels®, Delta Hotels and Resorts®, Marriott Executive Apartments®, Marriott Vacation Club®, Gaylord Hotels®, AC Hotels by Marriott®, Courtyard®, Residence Inn®, SpringHill Suites®, Fairfield Inn & Suites®, TownePlace Suites®, Protea Hotels® and MoxyHotels®. Marriott has been consistently recognized as a top employer and for its superior business ethics. The company also manages the award-winning guest loyalty program, Marriott Rewards® and The Ritz-Carlton Rewards® program, which together surpass 50 million members. For more information or reservations, please visit our website at 
