Jones Lang LaSalle says US investors are set to plough capital into Asia in the coming years as investment into the hotel sector continues to undergo rapid globalization.
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Arthur de Haast, Global CEO Jones Lang LaSalle Hotels said: The total transaction market for 2005 exceeded all expectations, 63.5% up on the previous year at a total value of $45.2 billion. We have seen inter-regional investment gain momentum in the last couple of years, especially from US investors with 33.6% of their hotel acquisitions in Europe and 33.9% in the Asia Pacific region. We expect this trend to gather pace in 2006 with US investors at the helm of the march into China and Japan.<\/p>\n
Last year saw a record 64% (US$30bn) of the total volume of global hotel investment coming from the US, followed by the UK with 10% (US$4.8bn) and investors from France totalling 4.8% (US$2.2bn) – says a report launched by Jones Lang LaSalle Hotels at the Berlin Hotel Investment Conference.<\/p>\n
The other development which shows no sign of abating is the dominance of private equity firms, which thrive on the risk return profile of international transactions and hotels as an asset class. Consequently the hotel investment landscape is being altered dramatically.<\/p>\n
Only two years ago, the bulk of hotels were held by corporate entities, which owned the property assets and managed the operation. Today most international hotel operators are separating management and ownership – selling off property assets whilst securing long-term leases or management contracts which protect their brand and provide an ongoing secure income stream through management fees.<\/p>\n","protected":false},"excerpt":{"rendered":"
Jones Lang LaSalle says US investors are set to plough capital into Asia in the coming years as investment into the hotel sector continues to undergo rapid globalization.<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12723],"tags":[],"class_list":["post-33265","post","type-post","status-publish","format-standard","hentry","category-english"],"_links":{"self":[{"href":"https:\/\/www.chinahospitalitynews.com\/cn\/wp-json\/wp\/v2\/posts\/33265","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.chinahospitalitynews.com\/cn\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.chinahospitalitynews.com\/cn\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.chinahospitalitynews.com\/cn\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.chinahospitalitynews.com\/cn\/wp-json\/wp\/v2\/comments?post=33265"}],"version-history":[{"count":0,"href":"https:\/\/www.chinahospitalitynews.com\/cn\/wp-json\/wp\/v2\/posts\/33265\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.chinahospitalitynews.com\/cn\/wp-json\/wp\/v2\/media?parent=33265"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.chinahospitalitynews.com\/cn\/wp-json\/wp\/v2\/categories?post=33265"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.chinahospitalitynews.com\/cn\/wp-json\/wp\/v2\/tags?post=33265"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}