JLL has been ranked as the leading hotel investment advisory firm in Asia Pacific for the tenth consecutive year. According to data analysed and published by Real Capital Analytics (RCA), JLL again advised on the most transactions, as measured in dollar value, in Asia Pacific, maintaining its winning record in the respected investment tracking study since its launch in 2011.
JLL has been ranked as the leading hotel investment advisory firm in Asia Pacific for the tenth consecutive year. According to data analysed and published by Real Capital Analytics (RCA), JLL again advised on the most transactions, as measured in dollar value, in Asia Pacific, maintaining its winning record in the respected investment tracking study since its launch in 2011.
“The Asia Pacific hotel industry has faced unprecedented challenges in 2020 yet remains firmly on the radars of the world’s most astute and sophisticated investors. Given the longer-term horizons of hotel investors, we’ve stayed close with our client base throughout 2020 and see relationships solidifying further in 2021 as activity re- emerges,” says Mike Batchelor, CEO, Asia Pacific, JLL Hotels & Hospitality Group.
JLL is forecasting approximately $7 billion in transactions in 2021. The forecasted activity represents an increase of 20% year-on-year, up from $5.8 billion in 2020. Additionally, in a recent survey conducted by the firm, approximately 70% of polled investors expressed their desire to deploy more capital into the Asia Pacific hotels sector in 2021.
“We are honoured to be recognised by RCA as the top-ranked investment advisor in Asia Pacific. This achievement has been made possible with the support and close partnership of our valued clients and dedicated teams around the region. The region’s hotel industry has diversified and evolved rapidly over the past decade, driven by new industry dynamics and more sophisticated investors. JLL is proud of its ongoing commitment to our clients and we will continue to build out our market- leading platform with the best people and most innovative client-centric solutions” says Nihat Ercan, Senior Managing Director, Head of Investment Sales, Asia Pacific, JLL Hotels & Hospitality Group.
According to data published by RCA, JLL has advised on over USD 21 billion of hotel and resort transactions since 2011 which represents 51% of all brokered transactions in the region.
Learn more in JLL’s global Hotel Investment Outlook via the contact form below.