Magna is managed by a talented and experienced team of seasoned hospitality professionals with an average of over
twenty years of relevant experience. Each Vice President of the firm is an active investor in Magna's hotel real estate
investments. By virtue of their investment in each hotel, the Magna professionals' interests are in direct alignment with
Magna's broader investment base. This investment structure provides Magna's professionals
with a vested interest not only in the "gross operating profit" or "net operating income" of each hotel, but more
importantly,
the net cash flow to investors from hotel operations.
Magna's culture is all about hiring the right people, both at the corporate level and the hotel level. Once hired, each
member of management is provided with an incentive plan carefully designed to enable them to create personal wealth,
but only where true value and return on investment is generated for the investment group. At the property level, we
challenge our professionals to balance the interests of our five "masters": (i) our guests;
(ii) our property level team members; (iii) our franchisors; (iv) our lenders; and (v) our investors. Where we meet the often conflicting
demands
of these masters,
we are guaranteed to enjoy success.
For our property level employees, our hotel operating culture is expressed through "L.O.U." – leadership, ownership
and urgency. The team members that embody these principles in their daily work (and their personal lives) are certain
to find (and have found) advancement
within the Magna family.
Dedication to these philosophies has enabled Magna to add value to all of its investments, to provide superior returns to its
investors, to create personal advancement for all of its professionals and team members, and perhaps most importantly, to deliver an excellent experience to our guest that exceeds their expectations.