By the Caribbean Journal staff

Fast-expanding Margaritaville Holdings has named a new vice president of hotel development.

The company has appointed hospitality veteran Rick Cunningham to the role, in which he will be responsible for “cultivating relationships with hospitality ownership and development groups.”

“As we aggressively eye both domestic and international expansion, we couldn’t be happier to have Rick on our team,” said Jim Wiseman, president of Margaritaville development. “With a proven track record of success in high-profile hospitality development positions, we have complete confidence Rick will be an instrumental part of helping us bring the Margaritaville state of mind to new destinations near and far.”

Margaritaville has been expanding in the Caribbean, most notably with the new Margaritaville Beach Resort in the Cayman Islands.

The company’s overall hospitality portfolio has 10 hotels across the southeastern United States and the Caribbean with more than $4.8 billion in the development pipeline.