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JLL Hotel Investor Survey Highlights Less Appetite for Risk

Category: Hotels, Posted:15 Jun 2009 | 06:54 am

The recently released Jones Lang LaSalle Hotels "Hotel Investor Sentiment Survey" has concluded that investors have less of an appetite for risk and are actually raising return profiles to cover possible downturns. Average global cap rates for investors have now risen to 9.8% which is in increase by 100 basis points. Leveraged IRR's (internal rates of return) have not been pegged at 20.2% and are up 120 basis points. These are the largest increases since the surveys were started.
For new developments it's highlighted that stress in developed markets is expected to continue along with its focus on the banking systems hence capital or investments into developing countries such as Thailand are expected to remain at a substantially reduced level. A positive trend is that with little capital available there will be limited new green field projects, so that current supply and demand surplus's can be absorbed into the market at a greater pace.
According to the research most buyers at present are either owner/operators or private equity and real estate investment funds. The document notes that there is no real expectation for recovery over the next six months and that trading performance is expected to erode during this time. Closing the report out its noted that asset pricing remains a challenge, though transaction activity is expected to increase as some owners are becoming willing to meet buyer pricing thresholds.

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PHIST 2021 – Sustainable Asia RE-defined Coming 28 October

Category: Hotels, Posted:11 Oct 2021 | 09:11 am The fourth annual Asian-based sustainability-focused learning event PHIST 2021 will take place in a dynamic virtual setting on 28th October. Organized in Phuket, Thailand with speakers from across the region. PHIST (Phuket Hotels for Islands Sustaining Tourism) has established itself as a leading forum in Asia for sustainable tourism, environmental education for hotels as well […]
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Lonely Planet. Ultimate Vacation Homes. More Phuket Meds

Category: Tourism, Posted:07 Oct 2021 | 21:02 pm It’s Friday and we have a trio of video insights for you. Listen to an intriguing talk with Joe Cummings who is behind the first Lonely Planet Thailand guidebooks. Hear seven short real estate talks on the latest trends. And then, how is Thanyapura looking to expand their medical footprint across Phuket. Right here. Right […]
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Two Neil’s For Six Senses

Category: Hotels, Posted:03 Oct 2021 | 17:35 pm Veteran Asia-Pacific hotelier Neil Palmer has been named Chief Operating Officer of Six Senses Hotels Resorts Spas. Palmer is best known as a stalwart executive at Starwood Hotels & Resorts. Meanwhile, Neil Jacobs continues in his role as Chief Executive Officer. Former Six Senses COO Guy Heywood has moved to boutique chain Habitas Hotels.