JLL Hotels & Hospitality

Singapore’s mid-market hotel sector will continue to post healthy post-pandemic growth performance, fueled by increased tourist demand and reflected by heightened investment.

Asia Pacific’s hotel market recorded a sharp investment rebound in 2021, but levels still remain below pre-pandemic levels as the industry recovery continues.

Hotel investment volumes will likely cross US$7 billion for the full year 2021, a 15% year-on-year increase, as investors continue to look past the industry’s short-to-medium term headwinds brought on by COVID-19

Twenty14 Holdings, Lulu Group International’s hospitality investment arm, recently purchased The Waldorf Astoria Edinburgh – The Caledonian for £85 million.