Hotel Online Special Report


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Jones Lang LaSalle Hotels Select Service Division Closes
the Sale of 19 Hotel Transactions in December
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ATLANTA – January 13, 2006 – Jones Lang LaSalle Hotels Select Service Division announced today that they advised multiple sellers in the disposition of 19 hotels in the month of December. Located in urban and suburban markets across the country, the properties comprised 2,458 rooms, which included these assets:
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Property
Location
Rooms
Motel 6  Memphis, TN  124
Comfort Suites  Tucson, AZ  90
Holiday Inn  Southern Pines, NC  162
Fallside Inn  Niagara Falls, NY  197
Inn on the River  Niagara Falls, NY  138
Hampton Inn Buckhead  Atlanta, GA  154
Hampton Inn Atlanta Airport  Atlanta, GA 129
Hampton Inn Cumberland Mall  Atlanta, GA  127
Hampton Inn Newark Airport  Newark, NJ  151
Hampton Inn Philadelphia  King of Prussia, PA  146
Hampton Inn Raleigh North  Raleigh, NC  128
Hampton Inn San Antonio Six Flags  San Antonio, TX  120
Hampton Inn Meadowlands  Secaucus, NJ  150
Hampton Inn Tampa Airport  Tampa, FL  133
University Inn Hattiesburg Hattiesburg, MS  125
Residence Inn Glendale  Milwaukee, WI  96
Courtyard by Marriott Brown Deer  Milwaukee, WI  115
Days Inn Salisbury  Salisbury, NC  91
Swiss Chalet   Ruidoso, NM  82
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“Of the 19 transactions we arranged in December, 15 were owned by private investment groups while only four were lender owned. This is a huge shift from a year ago where most transactions were lender owned and the private capital was just beginning to escalate,” said Keith Thompson, one of three managing directors for Jones Lang LaSalle Hotels Select Service Division.  “We are clearly in a seller’s market where property value is dictated by brand protection, timeless design of the physical structure and market locale. The Jones Lang LaSalle Hotels Select Service Division continues its performance of closing at least one hotel transaction every six to seven days.”

About Jones Lang LaSalle Hotels

Jones Lang LaSalle Hotels, the world’s leading hotel investment services group, provides clients with value-added investment opportunities and advice. In the US, Jones Lang LaSalle Hotels is ranked as the leading transaction advisor for hotel sales over $25 million. In 2004, its global success story includes the sale of 23,103 hotel rooms to the value of US$5.2 billion in 85 cities and advisory expertise on 132,498 rooms to the value of US$27.9 billion across 301 cities. Jones Lang LaSalle Hotels’ services include transactions, mergers and acquisitions, financial advice and capital raising, valuation and appraisal, asset management, strategic planning, operator assessment and selection and industry research. Jones Lang LaSalle (NYSE: JLL) is the world’s leading real estate services and investment management firm, operating across more than 100 key markets on five continents. www.joneslanglasallehotels.com

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Contact

Keith Thompson
Jones Lang LaSalle Hotels
3414 Peachtree Road NE
Suite 1505
Atlanta, Ga. 30326
404-995-8970
hkeith.thompson@am.joneslanglasalle.com

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Also See: Jones Lang LaSalle Hotels Select Service Division Closes a Nine-Property Hampton Inn Portfolio / January 2006
Jones Lang LaSalle Hotels Select Service Division Closes 10 Hotel Transactions / October 2005
Jones Lang LaSalle Hotels Select Service Division Closes Seven Hotel Transactions / July 2005
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