Meyer Jabara Hotels has enhanced its team by appointing Ian McAuley as the new Chief Investment Officer. This strategic role, created for the first time in the company, will see McAuley leveraging his significant experience in real estate and hospitality to drive the company s growth. His responsibilities include identifying new investment opportunities, fostering relationships with equity investors and lenders, and securing third-party management contracts. McAuley s impressive 30-year background in both public and private real estate sectors, combined with his expertise in hotel development, operations, and ownership, poises him to significantly contribute to Meyer Jabara Hotels expansion and profitability.
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Meyer Jabara Hotels is reporting a 24.20% turnover rate through the first half of 2023. With the U.S. Bureau of Labor Statistics citing 70% to 80% turnover annually as the industry norm, this 46-year-old hotel ownership and management group is obviously doing something right. With hotel operators still feeling the sting of the “Great Resignation,” MJH is revealing its secret to employee retention success.
Properties operated by Meyer Jabara Hotels continue to win awards. Recently the Delta Hotel by Marriott Allentown was selected by the Small Business Council of the Greater Lehigh Valley Chamber of Commerce as the winner of its “Excellent Emerging Business” award, presented to a business less than three years old. The honor was awarded for the hotel’s outstanding business practices as demonstrated by their mission, Chamber and community involvement, customer satisfaction, and commitment to quality, leadership, marketing, training, and development.
Big news was revealed during the Meyer Jabara Hotels Leadership Conference last month. President Justin Jabara reported to representatives of the company’s 31 owned and managed hotels that the company is coming off a record-setting year.