Hotel Online
News for the Hospitality Executive


Mark Wynne-Smith to Become CEO for Jones Lang LaSalle Hotels
While Arthur de Haast Steps Up to Chairman

London, Chicago & Singapore, Thursday 8th December - Jones Lang LaSalle today 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<><>


Natasha Southwick
+44 (0)20 7399 5538

Gemma Shah
+44 (0)20 7399 5875

Receive Your Hospitality Industry Headlines via Email for Free! Subscribe Here  

To Learn More About Your News Being Published on Hotel-Online Inquire Here

Also See: Global Hotel Investors’ Appetite to Buy Rises to 18-month High, According to Jones Lang LaSalle Hotels Survey; Top five cities for acquisitions include Stockholm, Copenhagen, Chicago, Milan and San Francisco / November 2011

New Buying Audience Emerges as REITs Pull Back on the Throttle for Hotel Assets; Jones Lang LaSalle Hotels says sellers' window is still open as growth in hotel room rates are expected to outpace inflation / September 2011

Jones Lang LaSalle Hotels Study, Lodging Industry in Numbers – Brazil 2011, Reveals Double-Digit Performance Growth for Brazilian Hotels for Second Consecutive Year / August 2011

Jones Lang LaSalle Hotels Forecasts Global Hotel Investment Volumes to Reach $34.8 billion in 2011; The Americas Registered a 187% Year-on-Year Upsurge with Transactions Totalling $7.4 billion / July 2011

U.S. Hotel Transaction Volume Reaches $4.9 Billion Through May, Triple the Volume for Same Period Last Year Reports Jones Lang LaSalle Hotels; Investors' 'buy' intentions are at six-year high / June 2011

Jones Lang LaSalle Hotels Reports $24.3 billion in Global Hotel Sales During 2010 as Investors Get Back in the Game; Expects Deal Volume to Rise up Another 15-25% Across the Globe in 2011 / January 2011

After the Financial Challenges of 2009, Jones Lang LaSalle Hotels Forecasts a 30 to 40 Percent Increase in Global Hotel Deals; Worldwide Transaction Levels Could Reach $28 to $30 billion in 2011 / November 2010

Jones Lang LaSalle Hotels Arranges the Sale of the Laguna Cliffs Marriott Resort & Spa / October 2007

Jones Lang LaSalle Hotels Select Service Division Closes Radisson Fort Worth North Hotel / January 2007

To search Hotel Online data base of News and Trends Go to Hotel.OnlineSearch

Home | Welcome | Hospitality News
| Industry Resources

Please contact Hotel.Online with your comments and suggestions.