Jones Lang LaSalle: Hotel investment OK despite credit crunch

01/9/2008 | HotelBusiness.com

Hotel fundamentals and the hotel transactions market are stable five months into the credit crisis, according to hotel investment firm Jones Lang LaSalle Hotels. The company says it has closed 24 deals in the U.S. and Mexico valued at more than $1.4 billion since Aug. 1, and four of the top five deals of last year have closed since then.

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