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Why hotel investors are opting for upgrades over new builds

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JLL Hotels receives multiple Asia Pacific awards at HICAP 2022

JLL Hotels & Hospitality Group today announced it received three awards at the Hotel Investment Conference Asia Pacific (HICAP) event held in Singapore on October 21. The firm was recognized for the Single Asset Transaction of the Year for the Hilton Sydney, Merger & Acquisition (M&A) of the Year for W Maldives and Sheraton Maldives Full Moon Resort & Spa, and the Rising Star of the Year for Calvin Li, Executive Vice President, Head of Transaction Advisory Services, Asia Pacific. ....

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Hotel investors listen to sustainability demands

Hotel investors listen to sustainability demands
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Shareholder and government pressure to drive ESG change at Asia Pacific hotels

Shareholder and government pressure to drive ESG change at Asia Pacific hotels
hospitalitynet.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hospitalitynet.org Daily Mail and Mail on Sunday newspapers.

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Asia Pacific hotels industry attracts US$8.5 billion of investment in 2021

Asia Pacific’s hotel market recorded a sharp investment rebound in 2021, but levels still remain below pre-pandemic levels as the industry recovery continues. According to JLL (NYSE: JLL) Hotels & Hospitality Group’s annual Hotel Investment Outlook, transaction volume in Asia Pacific totalled US$8.5 billion, accounting for 13% of total global hotel volume. This level of activity represented an increase of 39% over 2020 volumes, however sales remained 40% below pre-COVID levels achieved in 2019. ....

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