Mark Brannigan, Senior Vice President, Asset Management of Jones Lang LaSalle Hotels in Asia, spearheaded the selection and negotiations of the management contracts for the three hotels. “Leveraging our understanding of the global hotel market as well as hotel brands and operators, we were able to bring to Macao Studio City high profile international hotel management companies that will add to the level of luxury and splendour that matches our client’s grand vision.
This case is a prime example of how proactive asset management could help to maximise the competitive positioning and long-term growth potential of a real estate asset,” said Brannigan.
Currently, the Firm is negotiating hotel operating agreements in China, Japan, India, Thailand and Macao. Late in 2006,
the Firm advised All Nippon Airways Co. Ltd (ANA) and its subsidiary ANA Hotels and Resorts in the joint venture with
InterContinental Hotels Group which resulted in the formation of the largest international hotel group in Japan, IHG ANA Hotels Group Japan. The Firm was also the exclusive advisor to Shangri-La Hotel and Resorts in negotiating a management lease agreement with Mori Trust last year that brings the luxury hotel brand to Tokyo in 2008.