JLL U.S. Hotel Market Overview

/JLL U.S. Hotel Market Overview

JLL U.S. Hotel Market Overview

|2019-06-04T13:22:05-04:00June 4th, 2019|

JLL Hotels & Hospitality just issued its latest U.S. hotel market overview, projecting that 2019 U.S. hotel transaction volume will total $34.0 billion. The hotel sector is experiencing moderated but continued growth and we anticipate 2019’s ADR forecast to increase by 2.4 percent and RevPAR to increase 2.3 percent.

Depending on investment strategy, there are many strategic investment opportunities across a variety of core and secondary markets.

For example, cities such as New York, San Francisco and Los Angeles with increased liquidity are able to weather cyclical changes while secondary markets like Louisville, Atlanta and Pittsburgh are demonstrating job and population growth above the national average.

Additionally, the investor buyer pool for U.S. hotel assets is increasingly diversified. For example, in 2010, Private Equity and REITs accounted for 90 percent of hotel volume and from April 2018-2019, they accounted for 64 percent.

About JLL

JLL (NYSE: JLL) is a leading professional services firm that specialises in real estate and investment management. Our vision is to reimagine the world of real estate, creating rewarding opportunities and amazing spaces where people can achieve their ambitions. In doing so, we will build a better tomorrow for our clients, our people and our communities. JLL is a Fortune 500 company with nearly 300 corporate offices, operations in over 80 countries and a global workforce of 86,000 as of June 30, 2018. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com

Contact: Megan Dolan

Megan.Dolan@am.jll.com/+1 312 228 3837

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