Articles tagged “jll”

Hotels

Global Hotel Deals to Surpass $58 Billion in 2024

Global hotel transactions hit the second lowest in a decade last year – only the exceptional 2020 pandemic year was worse.

Global Hotel Deals to Surpass $58 Billion in 2024

Hotels

Middle East Hotel Project Count Hits All-Time High

It's not surprising that the Middle East is prioritizing hotel development to accommodate a growing influx of tourists. This proactive approach aligns with their broader economic and tourism strategies to foster long-term growth and competitiveness in the global tourism market.

Middle East Hotel Project Count Hits All-Time High

News Blog

Accor Names Gilda Perez-Alvarado as Group Chief Strategy Officer

Accor said on Monday that it had named Gilda Perez-Alvarado as its group chief strategy officer in charge of overseeing global strategy, relations with hotel owners, and strategic partnerships. Since 2004, Perez-Alvarado has been at the hotel brokerage firm JLL Hotels & Hospitality, working her way up to become its Global CEO. She's intimately familiar…

Tourism

Skift India Report: MakeMyTrip Partners With Tourism Ministry

Given travelers’ demand for exciting alternatives to the packed streets of tourist hotspots, India’s best kept secrets are now waiting for new stories to tell.

Skift India Report: MakeMyTrip Partners With Tourism Ministry

Tourism

Saudi Arabia’s Sovereign Wealth Fund Sets up Tourism Investment Company

Asfar's launch aligns with the Saudi sovereign fund’s broad strategy, which is centered around tapping opportunities within the tourism sector and building strategic partnerships with private companies.

Saudi Arabia’s Sovereign Wealth Fund Sets up Tourism Investment Company

Hotels

Madrid Transforms Downtown to Attract Luxury Tourists as Five-Star Hotels Flourish

From low-key stays to new-gen hostels and neighborhood apartment set-ups, the Spanish capital is moving its hospitality scene to luxury addresses.

Madrid Transforms Downtown to Attract Luxury Tourists as Five-Star Hotels Flourish

Hotels

India Daily: Bengaluru Leads Rebound in Hotel Sector

The sustenance of domestic leisure travel and higher bookings from meetings, incentives, conferences and exhibitions, coupled with an increase in foreign tourist arrivals, would continue to support revenues in the business travel market.

India Daily: Bengaluru Leads Rebound in  Hotel Sector

Tourism

Saudi Arabia Nearly Doubles UAE in Hotel Room Construction

Destinations in the Middle East understand that to realize their very ambitious tourism goals, they need to create enough infrastructure. Little wonder then that Saudi Arabia is now racing ahead of United Arab Emirates to build more hotel rooms.

Saudi Arabia Nearly Doubles UAE in Hotel Room Construction

Tourism

Saudi Arabia Starts Issuing Free 4-Day Stopover Transit Visa

From issuing the first tourist visa in September 2019 to the announcement of a free-of-charge four-day stopover transit visa for air travelers, Saudi Arabia has indeed come a long way. And then of course there's the target to attract 100 million tourists per year by 2030.

Saudi Arabia Starts Issuing Free 4-Day Stopover Transit Visa

Hotels

Blackstone, Starwood, Other Big Hotel Investors Prep for Dealmaking Rush Later This Year

When every investor in a sector says they're "cautiously optimistic," watch out.

Blackstone, Starwood, Other Big Hotel Investors Prep for Dealmaking Rush Later This Year