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Hotel investment recovery forges ahead

Published by
The Bangkok Post

Hotel investment recovery forges ahead 2022 marks second year of growth Hotel investment continues to be robust with sales volume this year expected to be 30% higher than the 10-year average pre-pandemic amount, the second consecutive year of growth, according to property consultant JLL. Chakkrit Chakrabandhu Na Ayudhya, executive vice-president of investment sales for Asia at JLL Hotels & Hospitality Group, said hotel sales volume this year would either tally the same amount as last year or possibly see growth of 10%-15% over last year. “The number of hotels being sold this year will be lower…

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