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Articles tagged “jll”

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.

Peden Doma Bhutia | 1 year ago

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.

Sean O'Neill | 1 year ago

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

News Blog

Global Hotel Investment Volume Decelerated in 2022

While 2022 was a post-pandemic boom year for hotel demand in much of the world, total global hotel investment volume decelerated slightly to $71.9 billion, a decline of 2 percent relative to 2021. The relative lack of outbound Chinese hotel investment, the Russian war in Ukraine, and recessionary pressures in several markets tamped down the…

Sean O'Neill | 1 year ago

Hotels

Hyatt Unveils Major Expansion to Luxury Portfolio

Hyatt has been very aggressive in its growth strategy this year, and the company shows no signs of slowing down — with CEO Mark Hoplamazian citing Europe as a major area for further expansion.

Rashaad Jorden | 1 year ago

Hyatt Unveils Major Expansion to Luxury Portfolio

News Blog

Global Hotel Sector Is Turning a New Corner: New JLL Report

Operating performance at many hotels worldwide is getting closer to pre-pandemic levels, according to a Hotels Global Asset Management Report released on Tuesday by JLL Hotels & Hospitality — an investment advisory firm that helps manage more than $6.8 billion in hotel assets. A few charts from JLL's report stand out. Inflation has been rising in much…

Sean O'Neill | 1 year ago

Tourism

The Electrified All-American Summer Road Trip

Today’s edition of Skift’s daily podcast looks at a Tesla-fied summer road trip, Aegean Airlines’ recovery, and the appeal of select-service hotels.

Rashaad Jorden | 2 years ago

The Electrified All-American Summer Road Trip

Hotels

U.S. Broker JLL Sees More Big Money Appetite for Select Service Hotels

Few people have the pulse of U.S. hotel dealmaking as does Kevin Davis of the advisory service JLL. So it's striking that he sees growing investor interest in hotels with limited amenities and staff.

Sean O'Neill | 2 years ago

U.S. Broker JLL Sees More Big Money Appetite for Select Service Hotels

Airlines

The Highest Paid U.S. Airline CEOs and Other Top Stories This Week

In Skift's top stories this week, how much were major U.S. airline CEOs paid in 2021 is revealed, events executives explain how labor shortages are hitting their industry hard, and travel disruptions in the United Kingdom are threatening the country's economic recovery.

Rashaad Jorden | 2 years ago

The Highest Paid U.S. Airline CEOs and Other Top Stories This Week

Hotels

When Will Big Hotels Brands Go All In on Alternative Accommodations?

Most hotel parent companies, such as IHG, Hyatt, and Hilton, haven't created brands in alternative accommodations. But a report coming this week from real estate services company JLL will spotlight some billion-dollar reasons why that will change.

Sean O'Neill | 2 years ago

When Will Big Hotels Brands Go All In on Alternative Accommodations?

Hotels

China’s Strict Covid Policies Likely to Deter Future Hotel Investment

Even if more Chinese cities follow the recent lead of Beijing and Shanghai in easing Covid restrictions, major hotel companies will still tread cautiously regarding future development in the country. Especially since widespread lockdowns could occur again if Covid cases surge.

Rashaad Jorden | 2 years ago

China’s Strict Covid Policies Likely to Deter Future Hotel Investment