JLL’s Hotel Investment Outlook Predicts Global Hotel Sales to Reach 8-Year High of US$68B in 2015

JLL's Hotels & Hospitality Group | February 10, 2015

Chinese Capital to Solidify its Mark on the Global Hotel Market February 10, 2015 - JLL's hospitality experts project that global hotel transaction volumes will reach an eight-year high between US$65 to US$68 billion in 2015, representing a 15 percent increase over 2014 volumes. JLL's forecast is based on the firm's 2015 Hotel Investment Outlook, a forward-looking, global analysis that tracks key factors affecting the hotel investment market. "The hotel market continues to strengthen and investors are eager to chase after top hotel deals," said Mark Wynne-Smith, Global CEO, JLL Hotels & Hospitality. "We predict a rise in revenue pe...