jll trends and insights
How Will the Hotel Industry Recover From COVID-19?
JLL | July 31, 2020
Hotels were hit fast and hard when the pandemic began to spread. What’s next for the sector? If Hollywood writers had written the script for how fast and hard the hotels industry was hit by COVID-19, most producers would have laughed them out of their office. Nearly overnight, many hotels went from “no vacancy” to “high vacancy.” But even before that, disruption had upended the sector. From Airbnb to VRBO and others like them, many outside forces were pushing dramatic change on the industry. Guests wanted an experience, not just a room. As Gilda Alverado-Perez, CEO of JLL’s Hotels & Hospitality Americas, tells James C...
Why Hotels Are Taking Wellness Seriously
JLL | August 21, 2019
CHICAGO -- August 21, 2019 -- Jones Lang LaSalle Incorporated (NYSE: JLL) today reported operating performance for the second quarter of 2019 with diluted earnings per share of $2.40 and adjusted diluted EPS1 of $2.94. Record Real Estate Services revenue and fee revenue up 9% (11% local currency) and 7% (10% local currency), respectively Americas Leasing exceptional performance continued Corporate Solutions growth across all geographies strengthened annuity base Capital Markets investment sales outperformed decline in market volumes Margin increase reflected LaSalle contribution and continued expansion in Real Estate Se...
