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National  + Hospitality  | 
Hotel investment sales, including that of the Venetian in Las Vegas, totaled 466.8 billion in 2021

Global Hotel Sector Rallies Earlier Than Expected 

After a turbulent 2020, the hotel industry saw an acceleration into recovery in 2021, which is projected to continue, despite operational hurdles and inflationary pressures, in 2022, JLL says. Global investment sales transaction volume totaled $66.8 billion in 2021, a 131% increase from 2020. 

According to JLL Hotels & Hospitality’s annual Hotel Investment Outlook, the industry’s recovery has presented new trends for hotel owners, operators, investors and consumers. Among them are an investor focus on markets that have augmented their profiles since the pandemic, an industry focus on sustainability and the growth of alternative accommodations across all regions. 

“Consumers’ insatiable appetite for experiences, travel and hospitality is fueling unprecedented levels of demand,” said Gilda Perez-Alvarado, global CEO, JLL Hotels & Hospitality. “This, coupled with a relatively muted supply pipeline across major gateway markets, will enable the lodging industry to recover earlier than anticipated, making the sector a great investment opportunity.” 

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Inside The Story

JLL's Perez-Alvarado

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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