Up Up and Away - Things are Looking Up for the Global Hotel Investment Market
Thursday, July 14, 2011

Oh happy day - it’s nice to share some good news after what seemed like an endless supply of doom and gloom!  Today the second quarter statistical analysis of the global hotel investment market generated by Jones Lang LaSalle Hotels is thumbs up.  According to the JLL report in the first six months of 2011 -  $14.8 billion in hotel assets changed hands - which is a 117% increase from the first 6 months of 2010.  Things are looking up all over the world - the Americas, Europe, Middle East and Africa.  Some of the increase is due to lenders taking action to speed up their workout programs which has increased the number of hotel assets going into administration.  However, other drivers to consider are the trading performance of hotels and the levels of liquidity.  To request access to Jones Lang LaSalle Hotels' published research, visit www.joneslanglasallehotels.com.

 

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