Jones Lang LaSalle Hotels Promotes Four Executives

Promotions in Los Angeles and New York

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. October 14, 2008

LOS ANGELES, NEW YORK, October 3, 2005. Jones Lang LaSalle Hotels announced today the promotions of four executives in its Los Angeles and New York offices:

John W. Lee (Los Angeles) to vice president;

James Stockdale (Los Angeles) to associate;

K.C. Patel (New York) to associate;

Gilda Perez-Alvarado (New York) to associate.

"John, James, K.C. and Gilda have each made considerable contributions to the firm and have demonstrated the ability to provide our clients with exceptional advice and a consistently high level of service. These promotions demonstrate Jones Lang LaSalle Hotels' commitment to developing and retaining top talent," said Arthur Adler, managing director and CEO-Americas for Jones Lang LaSalle Hotels.

The hotel real estate market is experiencing an upward trajectory, with sales volume of luxury hotels at an unprecedented high in 2005. When compared to other real estate asset classes, the hotel sector remains in one of the best positions in the real estate cycle, providing good diversification, strong comparative returns and good annuity income streams.