Exclusive Hotel Market Gains Momentum
LOS ANGELES-Jones Lang LaSalle predicts RevPAR growth in the local hotel market to grow from 5% to 10% this year. That's on top of the double-digit growth the sector has seen over the last two years, points out John Strauss, managing director, hotels, at the firm.
He also discusses:
- The supply and demand fundamentals that are driving RevPAR growth.
- The drivers of business travel in the area, as well as conventions.
- How leisure-travel demand will fare in the coming year.
Join us at the The Encore Las Vegas in Las Vegas, NV, where we will bring together the top student housing executives from across the country who will cover the hottest topics in financing, investment, brokerage, development and property management, our industry leaders will give the highest level views on the sector at RealShare STUDENT HOUSING on June 4.