Los Angeles market report

By editor | Published: December 11, 2010
Important points from the new market update from Jones Lang LaSalle:
  • Los Angeles—a sought-after hotel investment market
  • Los Angeles—significant hotel investor interest
  • Los Angeles— large number of high-profile properties have traded
  • Los Angeles—demand fundamentals continue to improve
  • Los Angeles—supply pipeline will remain in check with lack of debt
  • Los Angeles—#2 in USA for overseas visitors (NYC #1)
  • Los Angeles—LAX expanding to increase travelers
  • Los Angeles—large convention and meeting activity to increase
  • Los Angeles—no Hilton Garden Inn, Courtyard by Marriott, aloft, or similarly branded hotel in downtown Los Angeles or Santa Monica
Click here for full report from Jones Lang LaSalle: Hotel Intelligence_Los Angeles Some very solid points JLL, JLD.
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