What's new at Jones Lang LaSalle Hotels 

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.

EMEA Hotel Investment Market 2012

Debt restructuring deals will drive hotel investment activity across EMEA in 2012 - $11 billion worth of deals forecast for the year.

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.

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.

Our experts 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.

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.

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.

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.

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.