Asia Pacific 1H 2022 hotel investment up 33% year-on-year as market moves above pre-pandemic levels
JLL estimates investment volumes totaled $6.8 billion in the first six months of 2022 and projects $10.7 billion in transactions for the full year despite macroeconomic and geopolitical headwinds.
"I have always been a believer in creating impact in everything I do," Global Vice President, Marketing & Distribution at Oakwood, Ee Jin Lim, told The Hotel Conversation.
JLL Hotels & Hospitality Group facilitate transformational Master Franchise Agreement between Choice Hotels Asia Pacific and Suba Group of Hotels to develop over 150 properties in India
JLL Hotels & Hospitality Group, as exclusive advisor, has secured the sale of the Master Franchise Rights to three core Choice Hotels brands within the Indian market for the next 15 years.
Wyndham Hotels and Resorts partners with Wyndham Destinations Japan to operate first Wyndham Garden hotel in Sapporo
Wyndham Destinations Japan today announced the signing of an agreement to manage Wyndham Garden Sapporo Odori, making it the 2nd Wyndham Garden hotel to open in Japan following the opening of the 95-room Wyndham Garden Nagaizumi in 2020.
Choice Hotels Asia Pacific has signed a 15-year Master Franchise Agreement with Suba Group of Hotels India
Choice Hotels India will transition from a direct franchise market to a master franchise model with Suba Group of Hotels. Choice Hotels Asia-Pacific CEO Trent Fraser said: “We’re incredibly excited to work with Suba Group of Hotels as we look to the next 15 years of portfolio growth for Choice...
Cross Hotels & Resorts Extends Its Reach To Idyllic Lombok
Cross Hotels & Resorts has signed a hotel management agreement (HMA) with PT. Origin Resorts Lombok that welcomes Away Lombok Mandalika and Amber Lombok Beach by Cross Collection to its growing portfolio.
JLL advises Universal Enterprises and Marriott International on Maldives hotel portfolio sale - JLL
JLL today announced that it advised on the successful sale of the Sheraton Maldives Full Moon Resort & Spa and the W Maldives to a global private equity investor for an undisclosed sum. The deal represents the first ever hospitality portfolio transaction to have taken place in the Maldives...
Hotel investors still on the lookout amid COVID-19 - CBRE Survey
The Australian hotel industry remains cautiously optimistic about medium-term investor appetite amid the COVID-19 pandemic, according to CBRE Research’s latest Hotel Market Survey.
Emerging 'dark kitchen' trend among food retailers - CBRE
As Australia’s hospitality retailers look towards delivery services to bolster business during the COVID-19 pandemic, CBRE has released a report on the emerging dark kitchen trend feeding Australia’s growing meal delivery economy.
