JLL Hotels - Round Table Lunch Presentation (Aug-24)

Uptick in H1 liquidity uneven across regions

H1 2024 liquidity increased across APAC and EMEA; driven by growth in portfolios and high-dollar single-assets. Volume remains subdued in the Americas except for coveted assets in high barrier-to-entry markets.

H1 Americas transaction volume by type

H1 APAC transaction volume by type

H1 EMEA transaction volume by type

$8

$- $10 $20 $30 $40 $50 $60 $70 $80 $90

$30

$- $10 $20 $30 $40 $50 $60 $70 $80 $90 $100

$25

$120

$7

$7

$27

$7

$7

$7

$20

$6

$25

$100

$23

$20

$6

$6

$6

$21

$20

$16 $15

$80

$5

$5

$5

$15

$16

$4

$4

$15

$12

$60

$11

$11

$13

$13

$13

$10

$11

$10

$3

$10

$8

$7

$10

$40

$7

$7

$2

$5

$5

$20

$1

$-

$-

$-

$-

'15 '16 '17 '18 '19 '20 '21 '22 '23 '24 Single Assets Portfolios

'15 '16 '17 '18 '19 '20 '21 '22 '23 '24 Single Assets Portfolios

'15 '16 '17 '18 '19 '20 '21 '22 '23 24

Avg. Deal Size

Avg. Deal Size

Single Assets

Portfolios

Avg. Deal Size

Source(s): JLL Research Note(s): Pertains to transactions worth $5M+. Includes entity-level transactions in which real estate was traded. Average deal size is calculated as total transaction volume divided by the total number of transactions. Numbers on top of each bar represent total quarterly transaction volume in billions.

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