article thumbnail

JLL projecting 25 per cent jump in global hotel investment volume

Hotel Management

JLL’s Hotels and Hospitality Group is projecting a 15% to 25% increase in global hotel investment volume compared to 2024, according to the companys latest Global Hotel Investment Outlook. Through November 2024, global hotel demand reached a staggering 4.8 Global hotel investment volume reached $57.3

article thumbnail

End of an era as Hilton Brisbane to close after nearly 40 years

Hotel Management

Hilton Brisbane, a landmark hotel in the citys CBD, is set to close its doors at the end of this month after almost 40 years of service. The Elizabeth Street hotel, which was designed by Austrian-born architect Harry Seidler, opened in 1987. Excitingly, in 2026 the hotel will undergo a complete refurbishment.

Closing 257