According to a webinar hosted by HVS, London’s hotel market will return to pre-pandemic performance levels, but is unlikely to return to growth until at least 2024 or 2025. While the majority (38%) of the 300 webinar attendees said in a poll that they did not expect hotel RevPAR to reach 2019 levels until 2023, […]
Based on JLL’s newly released annual Hotel Investment Outlook Report, Asia Pacific’s hotel market recorded a sharp investment rebound in 2021, but levels still remain below pre-pandemic levels as the industry recovery continues. JJL further reports transaction volume in Asia Pacific totaled $8.5 billion, accounting for 13% of total global hotel volume. This level of activity […]
ccording to Turks & Caicos Sotheby’s International Realty’s End of Year 2021 Report, the islands saw a record-breaking 158.5% increase in annual sales compared to 2020. The islands also reported that single-family homes accounted for 49% of the total TCI real estate market last year and experienced price increases of 30%, with over 38 homes […]