Did you know, the top 30 hotel markets account for 15% of all hotel room supply globally, and are worth c. $819 billion and almost $44 billion worth of hotel rooms are currently in the pipeline in these key cities?
Little insights like these make a big difference to an investment strategy. JLL's Hotels & Hospitality research team has attributed a 'value' to hotel assets across 30 key global cities by assessing the property positioning, hotel class and location of almost 20,000 hotel assets.
Which market offers the best returns today, or which cities have the most economy rooms? Where should you look to invest in five years' time? Our specialists combine this data with unrivalled market knowledge to offer you exclusive insights.
To find out which city you should invest in next, talk to JLL.
The top 30 hotel markets account for 15% of all room supply globally and are worth c. $819 billion.
This is a more than the combined value of the 10-top most valuable brands worldwide including Apple, Google, Microsoft and Coca-Cola.
The total value of the 30 markets increased 8% in 2016 compared to 2014, with the EMEA region driving growth.
The average price per room is $370k, a €25k increase compared to 2014.
Almost $44 billion worth of hotel rooms are currently in the pipeline across the 30 markets.
The 10 top hotel markets in America are worth $272 billion.
This would cover the cost of building 70 One World Trade Centres.
The total asset value of the top 10 markets in the Americas increased 8%, with Miami, Chicago and San Francisco driving the uplift.
The average price per room in 2016 is $305k - $22k more than in 2014.
$10.5 billion worth of hotel rooms are currently in the pipeline in New York.
The 10 top markets in EMEA are worth $253 billion.
This would cover the cost of constructing more than 170 Burj Khalifa buildings.
The top 10 markets in EMEA saw a rise in overall asset value of 18%. Milan, London and Paris drove the increase.
The average price per room was $404k - $53k more than in 2014.
Almost $8 billion worth of hotel rooms are currently in the pipeline in Dubai.
The 10 top hotel markets in Asia Pacific are worth $294 billion.
This would cover the cost of construction of almost 700 Beijing National Stadiums.
The total value of the top 10 markets in Asia increased 1%, with Seoul and Singapore driving the rise.
The average price per room was $400k, in line with 2014 values.
$12 billion worth of hotel rooms are currently under construction across the 10 Asia Pacific markets.
Our clients constantly strive to stay ahead of the curve. They often ask, "Where should I invest next?" or "Which city should we focus on?"
It’s easy to lose track. Let us guide you with the backing of our market leading research.
Speak to one of our specialists to help shape your investment strategy.
Mark Wynne Smith Global CEO, Hotels & Hospitality firstname.lastname@example.org
Lauro Ferroni Global Head Hotels & Hospitality Research email@example.com
Jessica Jahns Head of Hotels & Hospitality Research, EMEA firstname.lastname@example.org
Geraldine Guichardo Head of Hotels & Hospitality Research, Americasgeraldine.email@example.com