Ownership

Richard Jabara, CEO

Richard Jabara is a second generation hotelier and has been active for 40 years in the development and management of hotels. A graduate of the University of Denver Hotel School, he is experienced in the turnaround of distressed properties and all facets of hotel development, including site location, construction and major renovations.

Based in Danbury, CT, Richard is CEO of Meyer Jabara Hotels which operates over 25 hotels under licenses from Marriott, Hilton, Hyatt, Sheraton and Holiday Inns. His involvement in the daily management of these hotels includes annual planning, development of senior and on-site management and enhancing operational excellence.

Under his leadership Meyer Jabara Hotels has won awards for excellence from five different franchisors. He believes in the principles of non-directive management, leadership and learning.

He has embraced and brought to Meyer Jabara Hotels the Journey Management System developed by well known management consultant and author Dr. James Belasco.

Richard has been active in industry committees for many years. He has been involved with the Hotel-Motel Association of New York City and was a member of the Ad Hoc Committee which negotiated the union contracts for 250 New York City hotels. He is past Chairman of the Owners' Association of Six Continents Hotels and Resorts, franchisor of Inter-Continental, Crowne Plaza, Holiday Inn and Staybridge Suites hotels.

Richard brings his extensive business experience to various other organizations. He is currently the President of the Parish Council at his church and a member of the Board of Directors of Danbury Hospital. He is also one of the founders and supporters of Dream Come True, a regional charity that directs their efforts in helping terminally ill children and their families.

William A. Meyer, Chairman

Following his graduation from the Wharton School of the University of Pennsylvania, The London School of Economics and Georgetown University Law School, Bill Meyer became a member of the New York and Florida Bars and a specialist in real property law with a New York City law firm. He later became a graduate of Harvard Business School.

In 1976, he accepted the position of Vice President, Real Estate and Law, for Servico, Inc., then a small publicly traded hotel company. Over the next 12 years Servico grew to become one of the largest independent hotel companies in the United States with 58 hotels in its portfolio. Before selling his interest and resigning in mid-1988, Mr. Meyer served as Servico's President and Chief Executive Officer.

Mr. Meyer is presently Chairman of Meyer Jabara Hotels with offices in Danbury, Connecticut and West Palm Beach, Florida. Its hotel portfolio includes 30 hotels with nearly 5,000 rooms in 12 states. The hotels range in size from 38 rooms to 500 rooms and are operated under licenses from Marriott, Hilton, Sheraton, Intercontinental, Hyatt and Choice.

Mr. Meyer has also been involved in companies unrelated to the hotel industry. In 1997, he acquired a controlling interest in CRSA Holdings which provides management, development and marketing services to 25 continuing care retirement communities across the country. After serving as Chairman of the Company for over 8 years, Mr. Meyer sold his interest.

In 2009, Mr. Meyer formed NuVista Living to build and operate new Florida-based senior housing communities including independent living, skilled nursing, rehabilitation and assisted living facilities. NuVista at Wellington Green and NuVista at North Tampa opened in 2011. NuVista in Jupiter commenced development in 2015. Shortly thereafter, Mr. Meyer sold his interest in the Company.

Within Palm Beach County, Bill Meyer has developed a number of other real estate projects. These include Interstate Plaza, a 76,000 square foot office building in Boca Raton; 1601 Belvedere, a 100,000 square foot office building and Embassy Suites hotel in West Palm Beach; The Dunes of Ocean Ridge, an oceanfront condominium in Ocean Ridge; Jupiter Square, a 105,000 square foot shopping center in Jupiter; The Residences of Windsor Court in Palm Beach; the 1,600 acre Fox Property in West Palm Beach and the 500 acre Crestwood Lakes residential development in Royal Palm Beach, now known as Madison Green, the Marriott Residence Inn in downtown West Palm Beach and Devonshire at PGA National, a Senior Life Care Community.

Mr. Meyer is the former Vice Chairman of the Board of Trustees of JFK Medical Center, a 330 bed acute care hospital in Palm Beach County. He is the past Chairman (6 years), now head of the Operations Committee of the Kravis Center for the Performing Arts in West Palm Beach and is the past Chairman of The Quantum Foundation (5 years), the 20th largest charitable foundation in the State of Florida. He was, for 20 years, a member of the Executive Committee of the Meyer Jewish Academy in Palm Beach Gardens and now serves on the Investment Committee of the Jewish Federation of Palm Beach County and is Vice Chairman of the Jewish Community Foundation. He was the first Philanthropist-Investor in the Palm Beach Philanthropy Tank and a founder of Temple Judea in Palm Beach Gardens. He also serves on the Board of Overseers of the School of Social Policy and Practice at the University of Pennsylvania.

Mr. Meyer is the recipient of the Haym Salomon Award from the Anti-Defamation League and was named the 2017 Outstanding Volunteer Fundraiser by the Association of Fundraising Professionals of Palm Beach County. He is most proud of having won the Golf Club Championship at the Palm Beach Country Club four times. He and Denise have two children, Candice and A.J.