Rana Rehan Zaid
Principal, Acquisitions, Development & Asset Management
As principal of Prominence Hospitality Group, Zaid manages nearly $200 million in assets under management across the United States, with impressive growth since inception. Prior to joining Prominence Hospitality Group and it’s affiliate Bask Development, Zaid played an instrumental role at HVS Global Hospitality Services in their Chicago office, providing close to one billion dollars in consulting and valuation services for institutional investors, sovereign funds, REITs and Family Offices. Some of his key projects included The Langham Hotel, The Godfrey Hotel, Hyatt Loop Chicago, Radisson Blu Aqua Building and the Apple REIT 6 sale to Blackstone for $1.2 billion.
Zaid received his bachelor’s degree from DePaul University’s Driehaus College of Business with a concentration in Hospitality Leadership & Lodging Management and a specialization in Real Estate Finance. He founded DePaul’s American Hotel & Lodging Association student chapter and the DePaul Hospitality Society. A past co-chair of the Alumni Relations subcommittee, Zaid currently serves on the Advisory Board of the DePaul University School of Hospitality Leadership. His continued involvement with the program awarded him as the 2014 recipient of DePaul University’s Alumni of the Year Award for the School of Hospitality Leadership. Zaid is also committed to secondary education, recently wrapping up a three-year term as a Trustee member of Elgin Academy, his alma mater. Zaid currently sits on the Board of Directors for the Asian American Coalition of Chicago, chairing the Lunar New Year Gala in 2017. The largest annual celebration for the Asian American community in the Midwest, the event brings more than 1,500 community and business leaders representing over 300 Asian American organizations and corporations together to raise funds for the 34 year-old not-for-profit.
Recognized widely as a young leader in the industry, Zaid has been featured as an expert in the “Executive Roundtable Series” and quoted in Hotel Business Online, The Daily Herald and many local Chicago newspapers. He was named as one of Bisnow’s “Chicago Real Estate’s Rising Stars” and is a current member of the Emerging Leaders Network was an executive committee member of the Emerging Leaders Network for InterContinental Hotels Group (IHG) and sat on the IHG Global Technology Committee.