see all jobs
Property investors should bed down in hotels
According to Jones Lang LaSalle Hotels (JLLH), property investors looking to ride the recovery should invest in hotels.
A report by JLLH has confirmed that hotels react more quickly to external events but have the benefit of recovering more quickly than their office counterparts.
“The increased volatility of hotels is often quoted as a deterrent to investment, but this report identifies the upside of this equation. It further identifies hotels’ role as a predictor for office performance,” said Mr Gibson, CEO.
The latest edition of Hotel Topics compared the performance of key hotel and office real estate markets across the globe in terms of supply, demand, occupancy, vacancy, rates and rents.
“The results showed that in the face of a demand shock, hotels’ demand and room rates generally decline before and increase earlier than office markets. This is due to the shorter tenanting term of hotels,” said Gibson. “Most demand for hotel rooms reacts to market conditions on a daily basis, while office space is locked in for a specific term.” Details: www.joneslanglasallehotels.com
More News
- News by sector (all)
- All news
- Fitness
- Personal trainer
- Sport
- Spa
- Swimming
- Hospitality
- Entertainment & Gaming
- Commercial Leisure
- Property
- Architecture
- Design
- Tourism
- Travel
- Attractions
- Theme & Water Parks
- Arts & Culture
- Heritage & Museums
- Parks & Countryside
- Sales & Marketing
- Public Sector
- Training
- People
- Executive
- Apprenticeships
- Suppliers