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Ted Tomaras promoted to Global Chief Operating and Financial Officer
CHICAGO, June 20, 2012 – Jones Lang LaSalle Hotels, the world's leading real estate investment and hospitality advisory firm, today announced the appointment of Jalil Mekouar to the dual role of Managing Director of the firm’s Strategic Advisory and Asset Management business and Americas Chief Operating Officer. In this new role, Mekouar will deepen the firm’s existing client service strength in advisory and asset management while driving the firm’s overall strategic growth and operational expansion plans throughout North and South America. Mekouar succeeds Ted Tomaras who has been promoted to the role of Global Chief Operating and Financial Officer. These appointments represent a strategic move to enhance the firm’s regional client service offerings by drawing on the last five years of Mekouar’s broad advisory and transaction experience building Jones Lang LaSalle Hotels into the leading investment and advisory firm in the Middle East and Africa. Mekouar is expected to excel in the expansion of the firm’s local advisory and asset management business by having direct client relationships in other parts of the world.
“Jalil is a highly skilled advisor whose experience in assisting clients throughout the world to meet their strategic goals and objectives will become a tremendous asset to Jones Lang LaSalle Hotels client base in North and South America. As the firm continues to expand its client services and strengthen its existing full service platform in the Americas and around the world, we look to Jalil to guide the firm’s operations and strategy forward and achieve new heights together,” said Arthur Adler, Americas CEO of Jones Lang LaSalle Hotels. “Ted’s leadership accelerating our growth platform here in the Americas will also transition to a broader benefit to our clients as he expands his global responsibilities.”
Mekouar brings more than 22 years of international experience in real estate, hospitality and finance to his new role as Managing Director and Americas Chief Operations Officer. Mekouar established and led the Jones Lang LaSalle Hotels Middle-East & Africa office in Dubai for five years and prior to that he held various executive roles in Europe, Asia and Africa within the InterContinental Hotels Group, Marriott International and Minor International Plc. Mekouar holds two bachelor’s degrees, and an MBA from Cornell University and France’s leading Business School ESSEC. He is also a chartered Fund and Asset Manager and certified in Hotel Real Estate Investments and Asset Management by Cornell University.
“I am eager for the opportunity to deepen and align our client services in mature and emerging markets throughout the Americas. We expect to see an uptick in our strategic advisory, valuations, feasibility and asset management needs in 2012 and well into the future. It’s our goal to appropriately meet those demands with the enhancement of our Strategic Advisory and Asset Management business,” added Mekouar.
Tomaras has more than 20 years of experience within the professional services, hospitality, consulting and real estate industries and was hired as the Americas Chief Operating Officer of Jones Lang LaSalle Hotels in 2007. As Global COO and CFO, Tomaras will now oversee the firm’s global unit’s finance function and support the firms Executive Board in the development and execution of their global growth strategy. Prior to joining Jones Lang LaSalle Hotels, he held management roles within the financial reporting and investor relations groups of Trizec Properties, Inc., Hyatt Hotels Corporation and Coopers & Lybrand. Tomaras earned his bachelor’s degree from Michigan State University and sits on the Real Estate & Development Advisory Council at Michigan State University.
Both Mekouar and Tomaras will be based in the firm’s Chicago headquarter location.
About Jones Lang LaSalle Hotels Jones Lang LaSalle Hotels is a global real estate services firm focused exclusively on hotels & hospitality. We provide acquisition and financing advice, valuations, investment sales and asset management for luxury hotels, select service and budget hotels, smaller hotels and pubs, from single assets to large portfolios and mixed-use developments.
In the last five years we completed nearly 4,000 advisory and valuation assignments and more sale, purchase and financing transactions than any other hotels real estate firm in the world…worth over $30 billion. With 42 offices in 20 countries, no other firm is better connected. Through our depth and breadth of research and experience we know the market at every level, we know the players and we know how to get results. www.joneslanglasallehotels.com
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