Nick Thompson of JLL New Zealand has been promoted to Executive Vice President, Hotels and Hospitality, after spending more than 17 years specialising in the hotel sector and transacting more than $430 million throughout his sales career.
Nick Thompson of JLL New Zealand has been promoted to Executive Vice President, Hotels and Hospitality, after spending more than 17 years specialising in the hotel sector and transacting more than $430 million throughout his sales career.
Thompson began his property career as a valuer specialising in hotels before transitioning to brokerage in 2014.
Todd Lauchlan, Managing Director of JLL New Zealand, highlights the breadth of experience and international connections that Thompson brings to the table as a significant factor in his success.
“In Nick’s time with us at JLL, originally as a valuer and for the past five years as a hotel agent, he has transacted 12 major properties for a total sale price of almost $300 million, including the New Zealand-record Stamford Plaza sale in October 2022 for $170 million. Throughout his ten years specialising in the sector, Nick has transacted over $430 million in hotels all through the country and the South Pacific, from Auckland all the way down to Dunedin. Nick has unrivalled knowledge of the hotels and hospitality arena, and utilises his significant connections across Asia-Pacific to connect the right buyer with a vendor.”
Peter Harper, Managing Director, Hotels, JLL Australia and New Zealand, recognises Thompson’s client-centric approach as a key factor in his long-term success.
“Since Nick returned to JLL in May 2019, he has had a hand in some of the largest single-hotel sales across New Zealand. He has also transacted a significant portfolio for a vendor, the Mackenzie Country hotels in the South Island, promoting the scope and value-add opportunities abundant across those three properties. Nick works hard to understand the specific needs of his buyers and vendors and connects parties that are best-placed to come to a mutually beneficial outcome. He’s hands-on and diligent, and his approach has borne fruit for more than 14 years. This promotion to Executive Vice President recognises Nick’s incredible work in the field for his clients.”
Related reading:
JLL closes largest sale of a single hotel asset in New Zealand history | The Hotel Conversation
Nick Thompson promoted to JLL Executive Vice President, breaks $400m milestone in hotel transactions