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

Inflation I Inflation is forecast to be low and fairly stable The risk of inflationary pressures igniting is seen to be low

China, Hong Kong & Japan (% YoY)

India (% YoY)

Australia & New Zealand (% YoY)

0 1 2 3 4 5 6 7 8 9

5

0 1 2 3 4 5 6 7 8 9

4

3

2

1

0

-1

2023

2024

2025

2023

2024

2025

2023

2024

2025

China

Hong Kong

Japan

India

Australia

New Zealand

Source: Refinitiv; Consensus Economics, May 2024. *Quarterly data, interpolated to show monthly trend.

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