hospitality investment market
JLL Projects 2019 Global Hotel Investment Volume Will Total $67 Billion
JLL | February 6, 2019
After outperforming industry expectations in 2018, Americas transaction volume expected to reach $36.5 billion CHICAGO, Feb. 6, 2019 – Cautious yet confident may best describe the global hotel market's investor sentiment according to JLL Hotels & Hospitality's annual Hotel Investment Outlook. The newly issued report projects global hotel investment volume will reach $67.2 billion, nearly equal to 2018's total of $67.7 billion. While there is anticipated moderating economic growth and geopolitical uncertainty, hotel property performance remains strong, travel and tourism is anticipated to reach another record year and investors...