Articles tagged “jll”

Today’s edition of Skift’s daily podcast looks at a Tesla-fied summer road trip, Aegean Airlines’ recovery, and the appeal of select-service hotels.

Few people have the pulse of U.S. hotel dealmaking as does Kevin Davis of the advisory service JLL. So it's striking that he sees growing investor interest in hotels with limited amenities and staff.

Most hotel parent companies, such as IHG, Hyatt, and Hilton, haven't created brands in alternative accommodations. But a report coming this week from real estate services company JLL will spotlight some billion-dollar reasons why that will change.

Even if more Chinese cities follow the recent lead of Beijing and Shanghai in easing Covid restrictions, major hotel companies will still tread cautiously regarding future development in the country. Especially since widespread lockdowns could occur again if Covid cases surge.

This year 762 U.S. hotels are forecast to open. Dallas has attracted the most development, with Atlanta and Los Angeles close behind.