Investment volumes in the first quarter of 2024 totalled US$30.5 billion, representing the only region globally to see year-on-year growth
Full planning consent has recently been obtained to reposition the existing commercial accommodation at 30-32 Ludgate Hill.
JLL presents the opportunity to acquire the freehold going concern of the high performing Emerald Hotel along with the stratum in freehold interests of the neighbouring, tenanted commercial building in one of New Zealand’s strongest regions, Gisborne.
When new luxury and upper-upscale hotels enter a market, it can serve as a call to action for other hotels to up their game. For these legacy hotels, the challenge is not just to maintain market share but also to reinforce their foothold among new entrants.
Franchising is gaining traction in Southeast Asia, presenting both opportunities and challenges for hoteliers.
Just 20-minute drive north of Ngurah Rai International Airport, the Hotel is situated in the heart of Kuta, Bali's pioneer tourist destination.
The high-performing Hotel is being offered completely unencumbered by brand and management presenting investors with a rare acquisition opportunity in the high-barrier Boston market.
The property is let to Premier Inn Hotels Limited until 23rd July 2038, with a tenant only break option on 24th July 2033.
Acting under instructions form Receivers and Managers, Pitcher Partners, JLL have been exclusively appointed to offer for sale an accommodation park with genuine upside located in the heart of the famous Mornington Peninsula.
The Hotel is ideally located adjacent to Destiny USA, the ninth-largest shopping center in America, which attracts over 15.9 million visitors every year. Additionally, the Hotel is two miles north of Downtown Syracuse, at the confluence of Interstate 81 and Interstate 690.