Very interesting insight from JLL on their latest European Hotels Market Update. A lot of quality information was shared.

Part of my takeaways from this conference are the followings:
๐Ÿญ. ๐—ง๐—ฟ๐—ฎ๐—ป๐˜€๐—ฎ๐—ฐ๐˜๐—ถ๐—ผ๐—ป๐—ฎ๐—น ๐—บ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜: Price discovery still active for the next months. Market players need better transactional data to rely on, and to value opportunities in a more meaningful way.
๐Ÿฎ. ๐— ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜ ๐—Ÿ๐—ถ๐—พ๐˜‚๐—ถ๐—ฑ๐—ถ๐˜๐˜†: this is not a "quality" led crisis. There is a rapid increase in fundraising for investment, from institutions and private equity companies with new entrants in the sector.
๐Ÿฏ. ๐—ข๐—ฝ๐—ฒ๐—ฟ๐—ฎ๐˜๐—ถ๐—ผ๐—ป๐˜€: strong interest in repositioning opportunities (staycation, urban hotels, resorts) with new clients target or asset classes.

At KS we foresee investment opportunities:
- by aligning 2 pillars: ๐—ฆ๐—ฒ๐—ฟ๐˜ƒ๐—ถ๐—ฐ๐—ฒ ๐—ข๐—ฝ๐—ฒ๐—ฟ๐—ฎ๐˜๐—ถ๐—ผ๐—ป๐˜€ ๐— ๐—ฎ๐—ป๐—ฎ๐—ด๐—ฒ๐—บ๐—ฒ๐—ป๐˜ & ๐—™๐—ถ๐—ป๐—ฎ๐—ป๐—ฐ๐—ฒ. This shall mitigate the lack of assumptions and benefit from the actual bid/ask priceโ€™s gap.
-through ๐—๐—ฉ ๐—ผ๐—ฝ๐—ฝ๐—ผ๐—ฟ๐˜๐˜‚๐—ป๐—ถ๐˜๐—ถ๐—ฒ๐˜€: for equity sales of assets; with market players that all share a strong European footprint.

Credits :William Duffey Romain Gowhari Brad Greenway Jessica Jahns Patrick J. Saade Christopher Exler Kerr Young Heidi Schmidtke Ana Ivanovic Claudia Bisignani Ross Petar