JLL Hotels & Hospitality Group releases their inaugural ‘Pubs Investor Sentiment Survey’
JLL Hotels & Hospitality Group has released the findings of its inaugural Pubs Investor Sentiment Survey for 2024, says Ben McDonald, Executive Director, JLL Hotels.
Unprecedented demand for regional accommodation NSW assets - JLL
Following the recent accommodation sales by JLL Hotels & Hospitality Group, there are underbidders ready to purchase mid-market accommodation assets in regional NSW, said JLL Vice President Greg Jeloudev.
L to R: Nick MacFie, Vice President – Investment Sales. Andrew Langsford, Senior Vice President – Investment Sales and Gareth Closter, Senior Vice President – Investment Sales.
Dominant activity in the hotel mid-markets set to continue - JLL
The Australian mid-markets accommodation asset class (≤ A$40 million) has shown strong resilience through 2024 in comparison to other commercial investment markets commented, Nick MacFie, Vice President – Investment Sales. Andrew Langsford, Senior Vice President – Investment Sales and Gareth...
Stronger events proposition could boost hotel demand - CBRE New Zealand
As Auckland's hotel industry grapples with a surge in room supply and low occupancy rates, new research from CBRE uses examples of events in Australian cities to demonstrate the value an improved forward schedule of major events could provide to hotel business.
Travel + Leisure Co. growth opportunity with rise of fractional ownership in Asia
Travel + Leisure Co., sees strong growth potential for vacation ownership in Asia as people seek luxury experiences without the financial burden of buying a holiday home, says Barry Robinson, President and Managing Director, International Operations at Travel + Leisure Co.
Liquid assets on tap as investors turn to pubs & liquor - Burgess Rawson
Burgess Rawson Partner and Head of Asian Investment Services, Zomart He said pubs and liquor assets have consistently delivered strong profits, and their evolving roles are further solidifying their attractiveness as investments.
Hong Kong tourism numbers continue to rise - Colliers
The first half of 2024 brought 21.15 million visitors to the Hong Kong SAR, up 64% from the same period in H1 2023, with an average of 116,000 visitors daily. Hong Kong hosted 25 million visitors from January to July, up 52% year-on-year (YoY) says Colliers.
International air revival underpins performance for Accor’s Queensland hotels
Accor’s Queensland hotel network recorded sustained growth in the year to the end of July 2024. Accor Pacific Chief Operating Officer PM&E, Adrian Williams, said Queensland was leading the Australian travel recovery.
Hotel management agreements in Asia Pacific now average 17 years - JLL
Comprehensive industry study by JLL and Baker McKenzie draw conclusions from approximately 400 management contracts over 20 years says Xander Nijnens, Senior Managing Director, Head of Advisory & Asset Management, JLL Hotels & Hospitality Group, Asia Pacific.
