JLL's Hotel Investment Outlook 2016 - Anticipating $70 billion in Global Hotel Transactions
January 27, 2016 11:58pm
Hotel deal volumes rocketed 50% to $85 billion in 2015, boosted by a record proportion of cross-border capital and single asset transactions.
In all, 53 hotels sold for over $600,000 per room last year, which reflects the high levels of confidence and capital in the hospitality sector. Activity in 2016 will be more measured, with fewer headline-grabbing 'trophy' properties on the market.
Hotel values will continue to rise, with secondary markets providing the most fertile investment landscape. RevPAR is projected to grow by 4-5% globally this year. Consolidation, single assets, and secondary markets are set to be the big stories in 2016.
Global Anticipated Hotel Transaction Volume
Click here to read the full report.
global hotel investment outlook
JLL (NYSE: JLL) is a professional services and investment management firm offering specialized real estate services to clients seeking increased value by owning, occupying and investing in real estate. A Fortune 500 company with annual fee revenue of $4.7 billion and gross revenue of $5.4 billion, JLL has more than 230 corporate offices, operates in 80 countries and has a global workforce of approximately 58,000. On behalf of its clients, the firm provides management and real estate outsourcing services for a property portfolio of 3.4 billion square feet, or 316 million square meters, and completed $118 billion in sales, acquisitions and finance transactions in 2014. Its investment management business, LaSalle Investment Management, has $57.2 billion of real estate assets under management. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit www.jll.com.
Contact: Mark Wynne Smith
Bringing Experiential Travel to the Americas
Will Other Asian Retailers Follow Muji’s Move Into Hospitality?
Six Ways to Design a Winning Guest Experience
Hotels Step Up Their Online Game to Encourage Direct Bookings
How Disruption is Driving Change for Hotels
Private Equity Secondaries
Thor Equities Acquires The James New York - SoHo
How Africa’s Hotel Market is Entering a New Chapter
How the Middle East is Drawing in Chinese Visitors
How Paris Takes Luxury Hotels to a New Level
Why Hotels Are Getting Serious About Relaxation and Wellbeing
Modern Hospitality: Striking the Right Balance Between High-Tech and Human
The Dynamic Dozen: The Growing Hotel Markets with Big Potential
Can Saudi Arabia Build a Popular Tourist Destination?
Which Cities are the Rising Giants of the Hotel Industry?
Business Model Innovation: Beyond the Traditional Way of Innovating in Hospitality
How Hotels Are Turning Day-Trippers Into Overnighters
Why Affordable Luxury Hotel Brands are Heading to Asia
Why Pop-Up Hotels Are In Fashion
How Boutique Hotels are Delivering Their Own Brand of Luxury
Please login or register to post a comment.