Hotel Deals to Soar — Exclusive Look at JLL Forecast
Skift Take
Hotel broker JLL sees global hotel transactions jumping at least 15% this year. It expects more M&A, too, as brands seek other ways to grow besides constructing new properties.
Global hotel investment is poised for a comeback this year after years of pandemic-driven turbulence, with JLL’s Hotels & Hospitality group projecting 15% to 25% growth in transaction volumes.
Skift got an exclusive preview of an outlook report that JLL's research division will publish this week. JLL has a notable perspective because the brokerage has helped trade more than $60 billion in hotel assets over the past six years.
Hottest MarketsJLL predicts three cities should benefit from the broader shift toward city-center hotels, with improved performance luring institutional capital.
London New York City TokyoHowever, building new h
