Jones Lang LaSalle Hotels announced it has promoted four executives. Adam McGaughy has been promoted to Managing Director, while Tony Muscio and Stewart Brown were promoted to Senior Vice Presidents, and Johnny Wong to Vice President.
“Adam, Stewart, Tony and Johnny have each played an essential role in delivering and driving superior client service in our Investment Sales and Strategic Advisory and Asset Management businesses. These individuals have made significant contributions to the firm by providing their clients with exceptional advice and guidance, adding value to their hotel assets and providing unwavering client service,” said Arthur Adler, CEO of Jones Lang LaSalle Hotels. “We look ahead to their advancement of their dedication in the coming years, and congratulate them on their well-deserved promotions.”
McGaughy currently leads the firms Chicago office where he focuses on hospitality Investment Sales throughout the Midwest. McGaughy has transacted over $1 billion of hotel assets sales throughout North America since joining the team in 2006, including the high-profile transactions of the Ambassador East Chicago, Hyatt Regency Minneapolis, Hyatt Capitol Square Columbus Ohio and the Hilton Downtown St. Louis. McGaughy received his MBA in real estate finance and marketing from DePaul University, and also holds a B.S. from Michigan State University’s School of Hospitality Business.
Brown who is based in Miami, supports the firm’s Southeast, Caribbean and Latin American Strategic Advisory and Asset Management businesses. Brown has advised on a wide variety of strategy and consulting projects including expansion strategies, due diligence, asset management, and valuations with key clients. Brown received his MBA from the Moore School of Business at the University South Carolina, and his B.A. from the University of Virginia.
Muscio, who is based in Los Angeles, currently supports the firm’s West Coast hospitality Investment Sales business. Muscio has been involved with more than $3 billion of asset sales throughout the West Coast including most recently the Colony Palms Hotel, Fairmont Orchid, Kyoto Grand and Sheraton Keauhou. Muscio received his B.S. from Cornell University’s School of Hotel Administration.
Wong is based in the firm’s Chicago headquarters and supports the firm’s business operations platform. He previously spent four years as part of the West Coast Investment Sales team, and was involved in more than $900 million of asset sales. Wong received his B.S. from Cornell University’s School of Hotel Administration.