Jones Lang Lasalle News
WTTC reveals which cities are ready for growing impact of tourism
A new global index from the World Travel & Tourism Council has assessed how prepared a host of top cities are for future tourism growth. Forecasts show that urbanisation and population growth could add another 2.5 billion people to urban areas by 2050.
WTTC examines global urban readiness for tourism growth
Determining a city’s future readiness for tourism growth requires a holistic view that accounts not only for its current physical and natural assets, but also for its social capital and the impact of its policies.
AHIF 2017: Sub-Saharan Africa offers new opportunities to investors
The hotel sector in sub-Saharan Africa has evolved during the past decade due to high demand growth, entrance of new global brands and increasing supply in major markets. This is the overview presented by Xander Nijnens, executive vice president, Hotels & Hospitality Group, JLL sub-Saharan Africa, during AHIF 2017.
Christian Ulbrich to lead Jones Lang LaSalle
Jones Lang LaSalle Incorporated has announced that Christian Ulbrich, who has held the role of president since June, will also assume the position of chief executive, effective October 1st. Ulbrich will succeed Colin Dyer, who will retire from JLL at the end of 2016 and step down from the chief executive role on September 30th, 2016. To ensure a smooth transition, Dyer will continue to guide the company’s data, information and analytics priorities through the end of 2016.
Jeddah hotel stock set to double by 2018
The number of hotel rooms in Jeddah, Saudi Arabia, is forecast to double by 2018 according to a new report. The ‘Jeddah Hotel Market Overview’ report by JLL reveals that the current supply of 8,600 rooms in the city will double – with another 8,600 rooms forecast to be added to the market by 2018. With a total stock of 17,200 hotel rooms estimated by 2018, major projects in the Jeddah pipeline include: The Ritz Carlton, Jeddah; Radisson Blu Al Salamah; Movenpick City Star; Elaf Galleria and Assila Hotel & Residence by Rocco Forte.
Booming Saudi Arabia to add 16,000 rooms by 2018
A new report published by Jones Lang LaSalle reveals today the major cities of Saudi Arabia - Riyadh and Jeddah - are forecast to see an increase of 16,000 new hotel rooms by 2018. Of these, over 50 per cent will be part of new five-star hotel developments, as international hotel brands put in place ambitious expansion plans. The number of rooms in Jeddah is expected to increase by 2,700 in 2015 alone.
JLL Secures $28 Million Senior Debt Financing for Hilton Charlotte University Place
Jones Lang LaSalle has secured $28 million in senior debt financing from MetLife for the refinancing of the Hilton Charlotte University Place, a 393-room, full-service hotel located in Charlotte, North Carolina.
Thierry Loue, CEO Mid East & Asia, Jones Lang LaSalle @ AHIC 2010
Thierry Loue, CEO Mid East & Asia, Jones Lang LaSalle
Thierry Loue, CEO Mid-East & Africa, Jones Lang Lasalle @ AHIC 2009
Thierry Loue, CEO Mid-East & Africa, Jones Lang Lasalle, talks to Breaking Travel News at Arabian Hotel Investors Conference 2009.
Jones Lang LaSalle reveals Hanalei sale
On behalf of a partnership between Morgan Stanley and The Resort Group, Jones Lang LaSalle Hotels has announced the sale of the Hanalei Plantation Site to Ohana Hanalei, LLC, an affiliate of Montage Hotels & Resorts.