What's new at Jones Lang LaSalle Hotels 

Meet us at the CATHIC!

We are a proud sponsor of the 2012 Central Asia and Turkey Hotel Investment Conference in Istanbul 6 - 8 February 2012. Our Global CEO Mark Wynne Smith will be speaking at the conference, as well as Alex Slesar, Executive Vice President and Elif Egeli Nisanci, Senior Vice President.

Global Hotel Transaction Volume to Hold Steady in 2012

Hotel investment volumes surged impressively in the first half of 2011, with REITs leading the way and signs of debt market revival encouraging activity. Economic uncertainty returned in the 2nd half of 2011 but deals continued, especially in the US, reaching our forecasted $30bn worldwide, an increase of 13% over 2010.

25hours in Berlin

The future 25hours Bikini Berlin will represent a crucial component of the urban re-development of the historic property Bikini Berlin. We advised Bayerische Hausbau GmbH & Co. KG in the operator selection process and contract negotiations.

Unicredit Sells Hotel Majestic in Turin

We advised UCL Unicredit Leasing SpA in the sale of the 145 room ski resort in Sansicario, Turin. The purchaser, Bluserena SpA, will operate the asset under the Bluserena Clubs & Hotels brand.

Join us at ALIS!

We were proud patron sponsors of the upcoming Americas Lodging Investment Summit. January 23 - 25 at the JW Marriott and Nokia Theatre at LA Live in Los Angeles, California.

Bengaluru’s Lodging Market

What remains as one of the largest threats to this market’s strength is a pipeline as strong as 9,800 rooms in the branded segment slated to enter in the coming five years.

London Boutique Hotels Sold

We advised Morgans Hotel Group Co on the sale of the London Sanderson and St Martins Lane hotels to Capital Hill Hotels Limited, a Middle Eastern investor with other global hotel holdings, for £192m.

Courtyard Miami Beach Oceanfront Sold

The 263-room Courtyard Miami Beach Oceanfront has been sold to Hersha Hospitality Trust (HT) for 95m US$. Beta Epsilon Cadillac, LLC were sellers of the hotel, which they successfully redeveloped into the Courtyard in 2004 from the original art deco Cadillac Hotel.

Largest commercial property sale New Zealand

Wellington’s premier accommodation asset, the 5 star InterContinental Hotel, has been sold to a New Zealand based investor for NZ$50m - this represents the highest price achieved for any commercial property in the country 2011 ytd.

New luxury hotel in Foshan

On behalf of Louvre Furnishings Jones Lang LaSalle Hotels assisted in securing an international hotel operator for Louvre Furnishings’s luxury hotel in Foshan, Guangdong Province.

HISS: Global Hotel Investors’ Appetite on 18-month High

Our bi-annual Hotel Investor Sentiment Survey reveals that 38.6% of investors across the globe indicated a ‘buy’ strategy for the next 6 months, being the dominant investor strategy. Top 5 cities to buy: Stockholm, Copenhagen, Chicago, Milan and San Francisco.

EMEA Hotel Market Recovery - Growing Investor Confidence

The hotel market in EMEA is perceived to be firmly on a path to recovery according to Jones Lang LaSalle Hotels' latest HISS - Hotel Investor Sentiment Survey. Improved market conditions have prompted investors to explore hotel investment opportunities, particularly throughout Western Europe.

IHIF Award - Property Advisor of the Year

Jones Lang LaSalle Hotels is proud to have been awarded the International Hotel Investment Forum (IHIF) Hotel Property Advisor of the Year 2011.

One of the ‘World’s Most Ethical Companies’

2011 marks the company's fourth consecutive year on the Ethisphere Institute's list.