Global hotel sales are expected to reach $68bn (£45bn) in 2015, according to research by JLL Global.
The firm’s hospitality experts estimate that global hotel transactions will reach an eight-year high and power a 15% increase over 2014’s volume.
JLL’s forecast is based on the firm’s 2015 Hotel Investment Outlook, which tracks key factors affecting the hotel investment market.
According to the analysis, the main drivers of growth include strong demand fundamentals, increased liquidity in the debt markets, record-high levels of single-asset trades, more portfolio activity in secondary markets, and a rise in the amount of offshore capital.
US-based private equity funds and Middle East investors are expected to remain among the top exporters of outbound capital.
According to the forecast, the Chinese will take the lead this year in terms of year-on-year increases in capital deployed; outbound capital from China could account for $5bn (£3.3bn) in 2015, a five-fold increase on 2014’s total.
