jll hotels & hospitality
The Castell Project Presents 2021 Castell Award to Gilda Perez-Alvarado, Global Chief Executive Officer of JLL Hotels & Hospitality
THE CASTELL PROJECT | September 28, 2021
ATLANTA, GA — September 28, 2021 — Officials of Castell Project, Inc., a 501(c)3 nonprofit organization dedicated to accelerating the careers of women professionals in the hospitality industry, today named Global Chief Executive Officer of JLL Hotels & Hospitality Gilda Perez-Alvarado, as the recipient of its second annual Castell Award honoring a woman leader in the hospitality investment arena. The award was presented to Perez-Alvarado at the 2021 Lodging Conference held in Phoenix, Ariz., where she received a piece by artist Brad McCollum personally designed to evoke her heritage, her role as a trailblazer and her leadership as a c...
Omega Hotel Group Acquires Hampton Inn & Suites in the Florida Panhandle
JLL | March 30, 2021
MIAMI – March 30, 2021 – JLL Hotels & Hospitality announced today that it has closed the sale of the Hampton Inn & Suites I-10 North hotel located in Pensacola, Florida. JLL represented the seller in completing the transaction to the buyer, Omega Hotel Group. The Hampton Inn & Suites I-10 North was built in 2006 and is located at 7050 Plantation Road and totals 85 keys. The Property is strategically positioned near the junction of Interstates 10 and 110 and proximate to Pensacola International Airport, Port of Pensacola, Pensacola Beach and the Naval Air Station. The Florida Panhandle is continuously demonstrating positive ...
JLL U.S. Hotel Market Overview
JLL | June 4, 2019
JLL Hotels & Hospitality just issued its latest U.S. hotel market overview, projecting that 2019 U.S. hotel transaction volume will total $34.0 billion. The hotel sector is experiencing moderated but continued growth and we anticipate 2019's ADR forecast to increase by 2.4 percent and RevPAR to increase 2.3 percent. Depending on investment strategy, there are many strategic investment opportunities across a variety of core and secondary markets. For example, cities such as New York, San Francisco and Los Angeles with increased liquidity are able to weather cyclical changes while secondary markets like Louisville, Atlanta and Pittsbu...
Revisiting the Public Ownership of Convention Hotels
the authors | May 2, 2019
By Gregg Rockett and Jeff Sachs Part Two: In support of public authorities that choose to own convention hotels – from professionals in the trenches. Introduction Part one of this article reviewed the controversy surrounding the public ownership of hotels and highlighted the opposition's principal arguments, which has several decades of academic and journalistic documentation. One would think that a reaction to overwhelmingly negative literature would discourage the public sector from pursuing the outright ownership of hotels, and this may have muted some initiatives. However, municipal jurisdictions in the United States continue ...
