article thumbnail

Exclusive: hotel market expansion to peak in next 12 months, says CBRE

Hotel Management

Sustainability is increasingly a major concern for developers and operators due to rising utility costs of hotels, and the global investment market’s focus on ESG for all real estate asset classes. In addition, the new wave of supply is anticipated to play a role in driving rate performance over the next two years.

article thumbnail

Analysis: what investors want in South East Asia, according to JLL’s APAC chief

Hotel Management

Firstly, the headwinds faced by the commercial real estate industry attracted substantial attention. Localized in Southeast Asia, RevPAR levels are just below 2019 levels by less than 2%, driven by high average daily rates (ADRs) as the market saw a shift in consumers’ willingness to pay for quality both product and experience.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Brisbane lures investors as city emerges as ‘favoured hotel development hot spot’, Colliers reports

Hotel Management

Real estate experts at Colliers claim the future is bright for hotel investment in Australia with traditional property investors eyeing the over AU$2 billion in assets on the market – 75% of which were listed in Q3 2023. billion by end of year.”

article thumbnail

U.S. Hotel Industry Shatters Records with All&Time High Daily Rates and Revenue in 2024, Despite Slowing Growth

Hotel News Resource

hotel industry hit record levels for the average daily rate (ADR) and revenue per available room (RevPAR), according to year&end data from leading real estate marketplace and analytics provider CoStar. In 2024, the U.S.

article thumbnail

Investors consider operational aspects of a hotel

Hotelier Magazine

Hotels are an attractive investment as they can be an excellent source of income as well as long-term real-estate value. But how do you measure this, and minimize the risks associated with any real-estate investment?

article thumbnail

Hotel feasibility study: Full guide with examples and costs

SiteMinder

JLL Hotels & Hospitality : Similar to CBRE, JLL offers a wide range of real estate services, including hotel consulting. Projections : An estimate will be given in terms of how much revenue the hotel can generate – this might include metrics such as average daily rate or occupancy.

article thumbnail

Australia’s Hotel Industry – Into 2023 and Beyond 

Inn Quest

The result was increased occupancy, which continued throughout the year and along with an increase in average daily rates. Moreover, the expansion into real estate development is becoming more popular. Industry performance soared during Q1 and Q2 of 2022 due to the relaxing of travel restrictions.