JLL has again been ranked as the leading hotel investment advisory firm in the Asia Pacific region for the 11th consecutive year.
JLL has again been ranked as the leading hotel investment advisory firm in the Asia Pacific region. For the 11th consecutive year. data analysed and published by Real Capital Analytics (RCA) has confirmed that JLL advised on the most transactions, as measured in dollar value, in Asia Pacific. Launched in 2011, JLL has achieved the top spot in hotel investment advisory in the highly respected investment tracking study each year
“The past 12 months again tested the resilience of the Asia Pacific hospitality sector, but with the managed opening of international borders and the gradual resumption of leisure and business travel, investor optimism has clearly returned. Capital has always viewed the hotel space through a broader timeline, and the recovery of investment volumes in 2021 reinforced our conviction that investors will continue to flock to this highly attractive sector,” says Mike Batchelor, CEO, Asia Pacific, JLL Hotels & Hospitality Group.
In 2021, the Asia Pacific hotel market recovered strongly, with investment volumes totalling US$8.5 billion. This activity level increased 39% over 2020 volumes; however, sales remained 40% below pre-COVID levels achieved in 2019. According to JLL analysis, hotel investments are expected to rise by up to 20% in 2022 to over US$10 billion as confidence builds in the hospitality sector.
“For 11 years, we’ve been humbled to be named by RCA as the top-ranked investment advisor in Asia Pacific, and again we’d like to recognize the collaboration between our valued clients and regional teams in achieving this recognition. We continue to invest in our people, platform, and capabilities to provide our clients with the unrivaled level of advisory and expertise they expect from JLL. As a firm, we remain extremely confident of the industry’s continual recovery in 2022 and look forward to supporting the broader industry as a collaborative partnership with our clients,” says Nihat Ercan, Senior Managing Director, Head of Investment Sales, Asia Pacific, JLL Hotels & Hospitality Group.