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JLL projecting 25 per cent jump in global hotel investment volume

Hotel Management

JLL’s Hotels and Hospitality Group is projecting a 15% to 25% increase in global hotel investment volume compared to 2024, according to the companys latest Global Hotel Investment Outlook. Through November 2024, global hotel demand reached a staggering 4.8 Global hotel investment volume reached $57.3

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Melbourne investor purchases The Adelphi Hotel in $19 million deal

Hotel Management

The Adelphi Hotel at 187 Flinders Lane has sold for the second time in 18 months with Melbourne based hotel investor Mazen Tabet purchasing the property for a reported AU$19 million. The hotel features a rooftop pool and events venue, cocktail bar and boardroom.