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Why Sri Lanka has it all...

Our latest Hotel Destinations Asia Pacific features articles on Sri Lanka, the Seychelles and the Australian backpacker market - and it provides a snapshot of notable hotel trends, recent transactions, upcoming new projects and a summary of key market statistics for the Asia Pacific’s key gateway cities & destinations.

Deal News

JLL advise on €344.5 million sale of Paris Marriott Hotel Champs-Elysées

The stunning 192-room Marriott Champs-Elysées is one of Paris’ finest real estate assets and is the only hotel located on the prestigious Avenue des Champs-Elysées. The sale represents a rare opportunity in a market with high barriers to entry due to lack of supply and huge demand for trophy assets.

Hotel investment maintains momentum

Global hotel investment volumes reached US$40.4 billion during the first three quarters of 2014 - the highest year-to-date total since 2007. 2014 is currently on track to rank as the third-most active on record, at a projected global volume of US$54.5 billion.

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Read about the Florida Keys, Ireland - The Emerald Isle, new-age backpacking in Australia, the Seychelles and why Sri Lanka has it all.

What's happening in hotel markets across the Indian Ocean?

Hotel Destinations Indian Ocean gives you a snapshot of notable trends, recent transactions, upcoming projects and a summary of key market statistics.

Award

Cross-border Deal Award for Grand Park Orchard Singapore

JLL won the award at the inaugural AsiaProperty Awards for the sale of the Grand Park Orchard Hotel together with its Knightsbridge Retail Podium in August 2013, which significantly surpassed all price per key and price per square foot benchmarks in Singapore.

Visit our Hotel Intelligence Hub

Explore JLL's Hotel Intelligence Hub - an interactive map to view our Hotel Intelligence reports, find local business contacts and our house view on where the city currently sits in the investor interest and RevPAR cycle.

News

Thriving Tourism in Florida Keys Drives $100M Sale of Parrot Key Resort

On behalf of Northwood Investors, LLC, JLL’s Hotels & Hospitality Group announced the sale of Parrot Key Resort, located in Key West. Hersha Hospitality Trust purchased the asset for $100 million.

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Jones Lang LaSalle marks a modernizing milestone for the global brand by shortening its name.

EMEA Research Digest newsletter

Your opportunity to catch up on all the latest real estate market intelligence relevant to you.

Iconic Sheraton on the Park Sydney for sale

The five-star Sheraton on the Park in Sydney has been placed on the market by Starwood Hotels & Resorts Worldwide, Inc. and JLLhas been exclusively appointed to market the landmark asset.

Get our research, news and listing details on-the-go

JLL's Hotels & Hospitality ​app provides easy access to key hotel real estate information from around the globe. Get it for free.

NEWS

Portmarnock Hotel & Golf Links sold at substantial premium to guide price

On behalf the Statutory Receiver, Mr Simon Coyle of Mazars, JLL has advised on the disposal of Portmarnock Hotel & Golf Links to an affiliate of Kennedy Wilson Europe Real Estate PLC for a sale price of €29.8 million.

Research

Hotel Destinations China

Get up to speed about the China Hotel Market with our latest snapshot of key hotel markets within Mainland China - notable hotel trends, recent transactions, upcoming new projects and a summary of key market statistics for each destination.

Hotel investor sentiment at highest level ever recorded

Investor sentiment for hotel trading globally has surged over the past six months with investor short term expectations up 26.4 percentage points to 57.8% and medium term up 27.5 points to 66.6%.

Sale of Maldives resort

JLL has advised on the sale of Konotta Island Resort in the Maldives on behalf of Crystal Lagoon Resorts Private Limited. The resort, a partially completed 48-villa project was sold to OKM Private Limited. It will be completed, rebranded and launched in 2015.

Deal news

JLL Advises on Successful Hotel Transaction in Dubai

The 5-star Movenpick Hotel, Jumeirah Beach Residence in Dubai was acquired by an investment vehicle set up by a UAE regional investment bank. The 294-key hotel overlooks Jumeirah Beach Walk and is very near to the recently opened 'The Beach', a prime beachfront mall.

NEWS

InterContinental Paris to be sold

InterContinental Hotels Group PLC has received a binding offer from Qatar-based investor Constellation Hotels Holding Limited to purchase one of Paris' finest real estate assets, the InterContinental Paris – Le Grand for €330million.

Blog

Hotels capturing a new designer dream

For years, hotel operators and developers have collaborated with luxury fashion houses to combine the best of five-star hospitality with flashes of designer fashion. But travel trends are changing and the industry must do more than stamp brand names on bath robes to lure Asian jetsetters, according to JLL experts.

NEWS

Eighth Year of Consecutive Revenue Growth for Brazilian Hotels

Fast and furious like a samba crowd swell at Carnival, Brazilian hotels haven’t missed a beat in the last eight years, maintaining consistent growth.

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