"Jones Lang LaSalle Hotels is making a strong push to expand our advisory and asset management business," Arthur Adler, Jones Lang LaSalle Hotels CEO and managing director-Americas, stated in a press release. "The hire of Clay Dickinson in our Atlanta office puts a senior level advisory team member in all seven of our US offices, which include New York, Miami, Chicago, Washington, Los Angeles and San Francisco."

Dickinson tells GlobeSt.com that he believes there is an opportunity to grow advisory services due to several factors in the marketplace, namely economic uncertainty in the wake of recent changes in the capital markets and stock market. "When there is uncertainty in the market, there tends to be a flight to quality with respect to advisory services," he says.

Furthermore, he says the hospitality industry has become increasingly global, with operators and investors routinely entering unfamiliar markets. "It's a unique confluence of events that will increase the need for advisory services," Dickinson says.