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Beverly Hills is part of Los Angeles' 'Platinum Triangle' and is therefore one of the most wealthy neighbourhoods in the state. The city is the site of four consulates, including Brazil, Armenia, Ecuador and Columbia. Many large companies have located their offices in the Beverly Hills including MySpace and Aeroflot.
Tourism is a large industry in the area along with a big service sector. The area has a highly developed transportation system including airports, buses and rail networks, making it an excellent option for companies looking to open new offices.