08/14/2024 | Press release | Distributed by Public on 08/14/2024 13:23
LOS ANGELES, Aug. 14, 2024 - JLL 's Hotels & Hospitality group announced today that Tony Muscio will be joining as a Senior Managing Director for its JLL Hotels & Hospitality group, leading the Western region.
With over 20 years of experience in the real estate industry, including 18 years at JLL, Muscio brings a wealth of knowledge and expertise to his new role. Specializing in the sale of luxury resorts and trophy hotels, Muscio has been involved in over $12 billion worth of hospitality transactions over the course of his career.
Based out of JLL's Los Angeles office, Muscio will report to Kevin Davis, Americas CEO for Hotels & Hospitality, and will work closely with Jeff Bramson and Jeff Sause, who co-head JLL's Los Angeles Capital Markets team.
"We are thrilled to welcome Tony back to JLL to lead our Western region," said Davis. "Tony's appointment is a commitment to growing our business in California, Hawaii, Arizona and Colorado, which are among the largest hospitality markets in the country. His leadership and expertise will play a pivotal role in driving business with our largest clients in this key region. I'm extremely excited to welcome Tony back."
Muscio's career started at PKF Consulting, where he conducted hotel feasibility studies and appraisals. He later joined JLL in 2004, where he spent nearly two decades, most recently as a Managing Director in the Hotels & Hospitality Group, covering the West Coast and working on some of the largest sales in the region, including the Four Seasons Resort Hualalai, Four Seasons Resort Bora Bora, Montage Beverly Hills (now The Maybourne Beverly Hills) and the recapitalization of Sunset Tower Hotel. Muscio's latest role was as a Managing Director at KBC Advisors.
"I'm thrilled to rejoin JLL and take on the role of leading JLL Hotels & Hospitality Group's Western region," said Muscio. "I look forward to leveraging my experience and expertise to create value for our clients and help shape the future of the hotel and hospitality sector."
Muscio holds a bachelor's degree from Cornell University's School of Hotel Administration, where he is also a recurring guest lecturer.
JLL's Hotels & Hospitality Group has completed more transactions than any other hotels and hospitality real estate advisor over the last five years, totaling $83 billion worldwide. The group's 370-strong global team in over 20 countries also closed more than 7,350 advisory, valuation and asset management assignments. Our hotel valuation, brokerage, asset management and consultancy services have helped more hotel investors, owners and operators achieve high returns on their assets than any other real estate advisor in the world.
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