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Singapore Hotel Demand to Accelerate in Late 2022

Global property consultant JLL is reporting that Singapore s mid-market hotel sector fueled by increased tourist demand and reflected by heightened investment will continue to post healthy post-pandemic growth performance in the second half of 2022.

Singapore mid-market hotel demand to accelerate in 2022

Singapore’s mid-market hotel sector will continue to post healthy post-pandemic growth performance, fueled by increased tourist demand and reflected by heightened investment. According to JLL’s Singapore mid-market hotels outlook 2022, occupancy and investment into the sector will continue to recover in the second half of the year despite broader economic challenges including staffing shortfalls and inflationary-driven supply issues, and more industry-specific requirements such as digital upgrades to properties.

Singapore mid-market hotel demand to accelerate in 2022

Singapore mid-market hotel demand to accelerate in 2022
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Jonathan Law has been appointed Vice President, Hotel Investment Sales, Asia at JLL Asia Pacific

JLL Hotels & Hospitality Group today announced the appointment of Jonathan Law Kai Chung as Vice President, Hotel Investment Sales, Asia to spearhead its market-leading hotel investment practice in Hong Kong and serve clients hotel-specific needs.

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