FIVE YEARS ON FROM COVID , HOW DOES THE HOTEL INDUSTRY LOOK ? JLL HAS AN IDEA .
By DAVID EISEN
Global hotel investment volume and number of trades : 2012 – 2024
$ 120
2,000
Total hotel investment volume ( billions USD )
$ 100
$ 80
$ 60
$ 40
$ 20
$ -
$ 97.8
$ 72.5
$ 81.3
$ 78.7
$ 73.6
$ 73.4
$ 67.9
$ 54.2
$ 63.2
$ 53.5
$ 57.4
$ 35.1
$ 31.8
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
1,800 1,600 1,400 1,200 1,000 800 600 400 200 0
Total number of hotel trades
EMEA APAC Americas # of global trades
Source : JLL Research Note ( s ): Includes all transactions $ 5M + excluding casinos . Entity-level deals are included only if underlying real estate was traded . 2024 data updated through Dec 24 , 2024 .