Jones Lang LaSalle Hotels (JLLH) has released its biannual Hotel Investor Sentiment Survey, which reveals that an increased 38.6 percent of investors across the globe indicated a “buy”‘ strategy for the next six months. The largest uptick in “buy” sentiment was recorded in Asia Pacific, followed by the EMEA region. In the Americas, although investors’ “buy” sentiment decreased slightly, it still remains at the highest point of the three regions.
Markets ranking the highest for acquisition targets worldwide include Stockholm, Copenhagen, Chicago, Milan, and San Francisco. Upscale assets continue to be the most sought after asset type globally, according to JLLH, though midscale properties have gained favor. Private-equity and real estate funds are the most likely buyers around the world in the near-term. The “sell” sentiment continues to be strongest in EMEA at 13.8 percent, and lowest in the Americas at 7.8 percent. Spanish resorts continue to top the global list of “sell” targets (60 percent), followed by Marrakech (40 percent) and Moscow (36.4 percent).
