JLL named leading Asia Pacific hotels investment advisor for record 11th year
Launched in 2011, JLL has achieved the top spot in hotel investment advisory in the highly respected investment tracking study each year
SINGAPORE, 11 March 2022 – JLL (NYSE: JLL) has again been ranked as the leading hotel investment advisory firm in the Asia Pacific region. For the 11th consecutive year. data analysed and published by Real Capital Analytics (RCA) has confirmed that JLL advised on the most transactions, as measured in dollar value, in Asia Pacific. Launched in 2011, JLL has achieved the top spot in hotel investment advisory in the highly respected investment tracking study each year.
“The past 12 months again tested the resilience of the Asia Pacific hospitality sector, but with the managed opening of international borders and the gradual resumption of leisure and business travel, investor optimism has clearly returned. Capital has always viewed the hotel space through a broader timeline, and the recovery of investment volumes in 2021 reinforced our conviction that investors will continue to flock to this highly attractive sector,” says Mike Batchelor, CEO, Asia Pacific, JLL Hotels & Hospitality Group.
In 2021, the Asia Pacific hotel market recovered strongly, with investment volumes totalling US$8.5 billion. This activity level increased 39% over 2020 volumes; however, sales remained 40% below pre-COVID levels achieved in 2019. According to JLL analysis, hotel investments are expected to rise by up to 20% in 2022 to over US$10 billion as confidence builds in the hospitality sector.
“For 11 years, we’ve been humbled to be named by RCA as the top-ranked investment advisor in Asia Pacific, and again we’d like to recognize the collaboration between our valued clients and regional teams in achieving this recognition. We continue to invest in our people, platform, and capabilities to provide our clients with the unrivaled level of advisory and expertise they expect from JLL. As a firm, we remain extremely confident of the industry’s continual recovery in 2022 and look forward to supporting the broader industry as a collaborative partnership with our clients,” says Nihat Ercan, Senior Managing Director, Head of Investment Sales, Asia Pacific, JLL Hotels & Hospitality Group.
Learn more in JLL’s global Hotel Investment Outlook.
JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. JLL shapes the future of real estate for a better world by using the most advanced technology to create rewarding opportunities, amazing spaces and sustainable real estate solutions for our clients, our people and our communities. JLL is a Fortune 500 company with annual revenue of $19.4 billion, operations in over 80 countries and a global workforce of more than 98,000 as of December 31, 2021. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.