Hotels in Asia increasingly worried as debts mount
Jones Lang LaSalle reports from Thailand that hotels across the region are under extreme financial stress as they face operating with reduced occupancies for the foreseeable future
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Jones Lang LaSalle (JLL)
Mid-market travel in focus at ATM 2016
Organisers of the Arabian Travel Market recently announced an apt show theme for ATM 2016 - Mid-market travel - a key growth segment for the region’s hospitality and tourism sector.…
China and Middle East drive record hotel investments
2015 is on track to be a record year for foreign investment into hotels, driven by acquisitions made by investors from mainland China and the Middle East, a new report has revealed.
Jones…
Abu Dhabi witnesses 20% increase in hotel stays
A recent report published by Jones Lang Lasalle (JLL) for the Hotel Show Dubai 2015 revealed that the Abu Dhabi hotel industry is experiencing positive growth with 5,200 rooms in the…
Dubai witnesses rise of mid-market hotel development
A recent report by Jones Lang LaSalle (JLL) for The Hotel Show Dubai 2015 revealed that almost 50% of the 3,600 new hotel rooms to enter the Dubai market in 2015 have a three-star or…
Riyadh, Jeddah to boast 16,000 new hotel rooms by 2018
The year 2018 will work positively for the two cities of Riyadh and Jeddah.
A new report published by Jones Lang LaSalle (JLL) reported a forecast to see an increase of 16,000 new…
