JLL Hotels & Hospitality has appointed Gabriel
Stubbe as Senior Vice President, Investment Sales Asia.
With a mandate to drive business growth and
strengthen market presence, Gabriel will serve developers, REITs,
family office clients, private equity and sovereign wealth funds
across the region.
Based in Singapore, Gabriel has over 18 years of
experience across private and public sectors. He was previously
focused on hospitality investments at Colony Capital, Grove
International Partners, and Hyatt. Gabriel has also served on
several REIT boards listed on the SGX including OUE Commercial
REIT, First REIT and Eagle Hospitality Trust.
He will report to Nihat Ercan, Head of
Investment Sales Asia, JLL Hotels & Hospitality.
“We forecast that Asia Pacific’s hotel
investment volumes will grow by 15 per cent this year, so this is
the right time to enhance our capabilities with additional
talent,” said Mr Ercan. “It’s a real pleasure to welcome Gabriel
on board. His strong understanding of industry trends and in-depth
market knowledge will boost our investment sales services,
enabling us to help maximise the value of our clients’ assets and
minimise risk in their portfolios.”
According to JLL’s latest research, Asia Pacific achieved a 12 per cent growth in hotel transaction
volumes year-on-year in the first quarter of 2019, driven by a 50
per cent spike in China. Meanwhile, Japan recorded the highest
number of hotel transactions in the region over the same period.
“We remain particularly confident
about the region’s tourism and economic potential and investors
are actively looking to tap into opportunities from resort assets
to core city centre hotels. We anticipate record levels of
available capital will continue to drive hotel investment momentum
over the course of the year and beyond,” added Mr Ercan.
Gabriel holds a Master of Business
Administration from Johnson and Wales University in Rhode Island,
Senior Vice President.