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Jones Lang LaSalle's Hotels & Hospitality team provided feasibility and pricing advice to a private equity company for the DoubleTree Suites by Hilton Erbil. This was provided to the client as part of their due diligence and decision making process regarding the viability of the project, with the intention to become a shareholder. The development was in a market with very limited comparable information. The Jones Lang LaSalle team used their expert local knowledge and good relations with prominent hotel operators and developers to assist the client in understanding the project’s risk profile.
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