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17. Record US$110 billion of Global Hotel Transactions Predicted by year-end 2007
Record US$110 billion of Global Hotel Transactions Predicted by year-end 2007. Jones Lang LaSalle Hotels estimates that US$110 billion worth of global hotel transactions could be completed by the end of 2007. This represents a 52% rise on last year's record-breaking figure of US$72.5bn, proving that investors' appetite for the hotel sector remains at an unprecedented high level.
18. New HICAP Events for Singapore and Tokyo
New HICAP Events for Singapore and Tokyo. The hosts and organizers of Hotel Investment Conference Asia Pacific (HICAP) - Burba Hotel Network (BHN) and Horwath HTL - are to launch two new events; HICAP Update Japan and HICAP Update Southeast Asia with the support from Jones Lang LaSalle Hotels (JLLH), a global leader in the hotel investment industry.
19. Hotel Developments in Australia
Hotel Developments in Australia. The high price of land and spiralling construction costs have helped to keep some developers out of the Australian hotel market in recent years. Across Australia, the number of hotel rooms under construction has decreased to the lowest level since Jones Lang LaSalle Hotels commenced the National Hotel Development Register in 2003.
20. Grand Hotel Group selling Portfolio of Three Freehold Investment Hotels in Australia
Grand Hotel Group selling Portfolio of Three Freehold Investment Hotels in Australia. The Grand Hotel Group has appointed Jones Lang LaSalle Hotels as exclusive agents to offer for sale a portfolio of three freehold investment hotels. Strategically located along Australia's eastern seaboard under lease agreements to Rendezvous Hotels Group, the properties include The Marque Hotel B
21. Hilton to Manage New Hotel at Beijing Capital International Airport’s Terminal 3
Hilton to Manage New Hotel at Beijing Capital International Airport’s Terminal 3. Jones Lang LaSalle Hotels (JLLH) recently assisted Beijing Capital Airport Tourism Co. (BCA) in the selection of an operating partner and the negotiations of a management agreement for a hotel located at the new Terminal 3 of the Beijing Capital International Airport (BCIA). Scheduled to open in 2008,
22. Popular Singapore Hotel offered for Sale
Popular Singapore Hotel offered for Sale. The Swissôtel Merchant Court Hotel in Singapore is being offered for sale by International Tender through Jones Lang LaSalle Hotels. Located on the banks of the historical Singapore River, the hotel is within walking distance to the city’s business and financial districts, and the entertainment and dining hotspots such as Clarke Quay, Boat
23. Marque Hotel Portfolio sells for $72 million
Marque Hotel Portfolio sells for $72 million. The Grand Hotel Group’s four star Marque Hotel portfolio has sold for a combined value of $72 million. Mr Mark Durran, Executive Vice President, Jones Lang LaSalle Hotels negotiated the sale of the three freehold investment hotels to two separate buyers on behalf of GHGs new owners Morgan Stanley and Tuan Sing.
24. IHG’s Patrick Imbardelli named Asia Pacific Hotelier of the Year 2006
IHG’s Patrick Imbardelli named Asia Pacific Hotelier of the Year 2006. A. Patrick Imbardelli, Chief Executive of IHG (InterContinental Hotels Group) Asia Pacific, has been named “Hotelier of the Year 2006” at the 10th Asia Pacific Hotel Investment Conference, organised and hosted by Jones Lang LaSalle Hotels. The eighth recipient to receive the prestigious award, Mr. Imbardelli has

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