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News Release

London, Chicago & Singapore

Mark Wynne-Smith to become CEO for Jones Lang LaSalle Hotels

Arthur de Haast steps up to Chairman; expands other roles within Jones Lang LaSalle

London, Chicago & Singapore, 14th December 2011- Jones Lang LaSalle announced that Mark Wynne-Smith is to become the new global CEO for Jones Lang LaSalle Hotels with effect from 1 January 2012, promoted from his current position as EMEA CEO for the Hotels business.  Arthur de Haast, who currently combines the Hotels Global CEO role with a number of other leadership remits, will become Chairman of the Hotels business, which specialises in hotel investment transactions and real estate services for hotel owners and operators.  Both will be London-based roles.

The moves follow strong and consistent growth in the firm’s Hotels business, despite the challenging broader economic climate, and an assessment of favourable medium and longer-term business opportunities across the sector generally and for the firm’s Hotels business in particular, once the near-term pressures on Eurozone and other economies have abated.

Arthur de Haast commented: “We have an excellent Hotels business supported by a first-class platform right around the world.  There are some challenging market conditions out there at present, but looking both at our track record and the longer-term view, we see a great opportunity to continue to build our client relationships, keep on delivering the highest standards of advice and drive further growth in this business.  Mark is very highly respected across the Hotels sector and is the ideal person to lead the next step in the evolution of our Hotels business.”

Mark Wynne-Smith added: “I am excited by the opportunity to lead our Global Hotels business after several years in my current EMEA role.  I believe we have an unrivalled mix of expertise in all the aspects required to deliver the very best real estate advice to our clients across their international hotel portfolios.”

Jones Lang LaSalle Hotels also announced that Christoph Härle and Jon Hubbard will share the EMEA leadership remit, expanding on their existing management roles, with both joining Jones Lang LaSalle Hotels’ Global Board.  Alongside them will be another new Hotels Board member, Thierry Loué, who will add strategic business development advice, while also continuing in his existing role as chairman of Jones Lang LaSalle’s Middle East & North Africa business.

Arthur de Haast will combine his own chairmanship of Jones Lang LaSalle Hotels with his ongoing lead role for Jones Lang LaSalle’s International Capital Group and as chairman of the firm’s Global Capital Markets Strategy Team, along with his client work.

About Jones Lang LaSalle Hotels
Jones Lang LaSalle Hotels, the first and leading global hotel investment services firm, is uniquely positioned to provide the depth and breadth of advice required by hotel investor and operator clients, through a robust and integrated local network. In 2010, Jones Lang LaSalle Hotels provided sale, purchase and financing advice on $4.1 billion worth of transactions globally. In addition, advisory and valuation services were provided on over 1,000 assignments. The global team comprises over 210 hotel specialists, operating from 37 offices in 19 countries. The firm's advice is supported by a dedicated global research team, which produced 70 publications in 2010 in addition to client research. Jones Lang LaSalle Hotels' services span the hospitality spectrum; from luxury single assets and large portfolios to select service and budget hotels, resorts and pubs. Services include investment sales, mergers and acquisitions, capital raising, valuation and appraisal, asset management, strategic planning, operator selection, management contract negotiation, consulting, industry research and project development services. Jones Lang LaSalle Hotels' clients have access to the resources of its parent company, Jones Lang LaSalle (NYSE: JLL).