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Hotels & Hospitality

We design and execute investment strategies that produce consistent, market-leading returns throughout the life cycle of your hospitality asset.

We've helped more hotel investors, owners and operators around the globe achieve high returns on their assets than any other real estate advisor. Through every phase of the investment and operating cycle, we apply a broad spectrum of valuation, brokerage, asset management, research and advisory services.

We've completed assignments involving hotels of every class, convention centers, golf courses and mixed-use developments. When you're ready to sell, we'll use our capital markets expertise, deep industry knowledge and global relationships to put the right parties together and execute a deal that meets—and often surpasses—your financial objectives.​

News and research

 

 

Major hotel assets put up for sale in two of Thailand’s premier investment destinations/thailand/en-gb/news/593/major-hotel-assets-put-up-for-sale-in-two-of-thailand’s-premier-investment-destinationsMajor hotel assets put up for sale in two of Thailand’s premier investment destinationsFour Points by Sheraton Bangkok Sukhumvit & Novotel Phuket Karon Beach Resort & Spa offered for sale through international tender process.0x0100E81015D9D08198458B498FF948D658F90052B0972AFC77B94093C478C1B5B47C88
Thailand’s hotel investment volume exceeds THB10b in 1H2017/thailand/en-gb/news/588/thailand’s-hotel-investment-volume-exceeds-thb10b-in-1h2017Thailand’s hotel investment volume exceeds THB10b in 1H2017<p>​<strong>Bangkok 26 July 2017</strong> – Direct investment in Thailand's hotel sector reached THB10.7 billion in the first half of 2017, according to JLL Hotels & Hospitality Group. This figure is attributed to four major transactions, comprising five hotels in Bangkok and Pattaya.</p><p> </p><p>"As a comparison, 2016's full-year investment volume was only THB 9.6 billion," says Mike Batchelor, Head of Investment Sales Asia, JLL Hotels and Hospitality Group. "The robust investment activity recorded in the first half reflects investors' continued appetite for hospitality assets in Thailand and confidence in the long-term outlook for the country's tourism industry."</p><p> </p><p>"Buyers comprised of both domestic and regional investors, with the latest hotel acquisitions being made by Carlton Hotel Group and Hotel 81, both from Singapore. This reaffirms Thailand's position as one of the region's most attractive hotel investment destinations," adds Mr. Batchelor.</p><p> </p><p>In June, JLL facilitated Hotel 81's acquisition of the Premier Inn portfolio, including two hotels in Bangkok and Pattaya. With a collective key count of 388, the portfolio marks Hotel 81's first venture into the Thai market. Hotel 81 has appointed Travelodge to manage both hotels on its behalf.</p><p> </p><p>Chakkrit Paul Chakrabandhu Na Ayudhya, Senior Vice President, Investment Sales, JLL Hotels and Hospitality Group, comments: "The portfolio was the first overseas transaction made by the buyer, Hotel 81, the largest owner of hotels in Singapore. The seller, Whitbread, is also the largest owner of hotels in the UK. We were able to facilitate cross-border transactions, resulting in the movement of capital between regions."</p><p> </p><p>In May, Carlton Hotel Group of Singapore acquired a hotel development project in Bangkok. Situated at the corner of Sukhumvit Road Soi 27, the property comprises 2 rai, 2 ngan and 34.3 square wah of freehold land and a partial 34-storey hotel development. JLL Hotels and Hospitality Group represented the seller, Bangkok Management Company Limited, a subsidiary of Principal Capital Public Company Limited in this THB2.4 billion transaction. Planned for completion in 2019, the 342-key hotel is expected to carry the Carlton Hotel brand.</p><p> </p><p>Karan Khanijou, Senior Vice President, Investment Sales, JLL Hotels and Hospitality Group, explains: "The acquisition by Singapore-based Carlton Hotel Group has been the largest hotel deal publicly announced in Thailand. Given that no hotels of a significant size have been traded on the main Sukhumvit Road, this deal has also set a new benchmark price." </p><p> </p><p>The other two hotels sold in the first half of 2017 include Bangkok Edition Boutique Hotel and Swissotel Nai Lert Park in Bangkok. While the acquisition of the latter was announced in 2016, the transaction was only completed this year.</p><p> </p><p>JLL expects 2017's full-year hotel investment volume in Thailand to reach over THB14 billion by the end of 2017. </p><p> </p><p>Last year, more than 10 hotels and hospitality assets were sold in Bangkok and the major provincial destinations of Thailand with a combined value of THB 9.6 billion. Of these, five assets were sold by JLL Hotels and Hospitality in Bangkok, Phuket, Samui, Sri Racha and Chiang Rai. </p><p> </p><p>- ends -</p><p><strong> </strong></p><p><strong>Download</strong></p><p>Photos of the hotel development project acquired by Carlton Hotel Group: </p><p><a href="http://www.jll.co.th/thailand/PublishingImages/PR/s27-JLL.jpg">http://www.jll.co.th/thailand/PublishingImages/PR/s27-JLL.jpg</a></p><p><a href="http://www.jll.co.th/thailand/PublishingImages/PR/s27-sold-by-jll.jpg">http://www.jll.co.th/thailand/PublishingImages/PR/s27-sold-by-jll.jpg</a></p><p> </p><p>Photo of Mike Batchelor</p><p><a href="/thailand/PublishingImages/People/mike-batchelor-jll-hoteles-and-hospitality-group.jpg">http://www.jll.com/thailand/PublishingImages/People/mike-batchelor-jll-hoteles-and-hospitality-group.jpg</a></p><p> </p><p> </p><p><strong>About JLL</strong></p><p>JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. A Fortune 500 company, JLL helps real estate owners, occupiers and investors achieve their business ambitions. At the end of the first quarter of 2017, JLL had nearly 300 corporate offices, operations in over 80 countries and a global workforce of more than 78,000. As of March 31, 2017, LaSalle Investment Management had $58.0 billion of real estate under asset management. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit <a href="/">www.jll.com</a>.</p><p> </p><p>JLL has over 50 years of experience in Asia Pacific, with 36,800 employees operating in 95 offices in 16 countries across the region. The firm won the 'World's Best' and 'Best in Asia Pacific' International Property Consultancy at the International Property Awards in 2016 and was named number one real estate investment advisory firm in Asia Pacific for the sixth consecutive year by Real Capital Analytics.  <a href="http://www.ap.jll.com/">www.ap.jll.com</a>.</p><p> </p><p>For more information, please contact</p><p> </p><p><strong>Winai Jaiton</strong></p><p>Marketing and Communications</p><p>T +66 2 624 6400</p><p><a href="mailto:winai.jaiton@ap.jll.com">winai.jaiton@ap.jll.com</a></p><p> </p><p><strong>Pimpanga Yomchinda (Orn)     </strong></p><p>JLL's Hotels & Hospitality Group            </p><p>T +66 2 624 6565 M +66 85 363 3360</p><p><a href="mailto:pimpanga.yomchinda@ap.jll.com">pimpanga.yomchinda@ap.jll.com</a></p>0x0100E81015D9D08198458B498FF948D658F90052B0972AFC77B94093C478C1B5B47C88

 

 

Asia Pacific Property Digest 2Q 2017/asia-pacific/en-gb/research/905/asia-pacific-property-digest-2q-2017Asia Pacific Property Digest 2Q 2017Interest in industrial assets stacking up0x01010063443623C9F9004FA21AA8EABD6132C80096456DD4F4AF204EB9DD2C24B361B045
Asia Pacific Hotel Investment Highlights H1 2016/thailand/en-gb/research/109/asia-pacific-hotel-investment-highlights-h1-2016Asia Pacific Hotel Investment Highlights H1 2016Asia Pacific hotel investment volumes in the first half of this year climbed 13.2 percent to US$3.8 billion compared to the same period last year.0x01010063443623C9F9004FA21AA8EABD6132C80096456DD4F4AF204EB9DD2C24B361B045

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