Appointment strengthens the Hotels &
Hospitality Group's leadership team
LONDON, Oct. 4, 2023
/PRNewswire/ -- JLL today announced the appointment of Patrick Saade as Head of the JLL Hotels &
Hospitality group Global Hotels Desk. Patrick joins the global
Hotels & Hospitality leadership team that includes William Duffey in EMEA, Nihat Ercan in Asia
Pacific and Kevin Davis in
the Americas.
The Global Hotels Desk specialises in coordinating international
capital by connecting interested investors with Hotels
& Hospitality assets and portfolios for sale. This dedicated
team serves as a liaison between offshore investors and the global
market, ensuring a seamless process for sourcing, pitching and
selling hotel deals. With a strong emphasis on building and
maintaining relationships, the Global Hotels Desk advisory team
operates in more than 10 markets matching investment opportunities
with the right capital to facilitate successful transactions.
Richard Bloxam, Global CEO
Capital Markets, commented, "JLL has been the market leader in
global hotel transactions. Together, our teams worldwide have
advised on more than $170 billion in
hotels transactions since the inception of the group in 1999*. The
appointment of Patrick Saade to lead
our Global Hotels Desk reflects his exceptional contribution and
contacts, demonstrating our ongoing commitment to connecting
clients with capital."
Patrick Saade, Head of the Global
Hotels Desk, commented, "Throughout my 13 years with JLL's Hotels
and Hospitality Group, I am proud to have witnessed first-hand our
team's unwavering commitment to be the leading advisor in hotels
and hospitality real estate. The future of the hospitality sector
looks bright, with investors actively seeking dynamic
opportunities. With our global reach, connectivity and experience,
our team is committed to shaping the future of real estate and
delivering exceptional results for our clients."
*Co-brokered deals were manually split and data pertains to
single-asset sales and portfolios $5M+ (excluding
casinos). Due to FX rate fluctuations, our transaction
volume may differ from third-party resources, such as RCA, REA, and
Costar.
About JLL
For over 200 years, JLL (NYSE: JLL), a leading global commercial
real estate and investment management company, has helped clients
buy, build, occupy, manage and invest in a variety of commercial,
industrial, hotel, residential and retail properties. A Fortune
500® company with annual revenue of $20.9 billion and operations in over 80 countries
around the world, our more than 103,000 employees bring the power
of a global platform combined with local expertise. Driven by our
purpose to shape the future of real estate for a better world, we
help our clients, people and communities SEE A BRIGHTER
WAYSM. JLL is the brand name, and a registered
trademark, of Jones Lang LaSalle Incorporated. For further
information, visit jll.com.
Contact: Abigail Goldsbrough
Phone: +442070875042
Email: Abigail.Goldsbrough@jll.com
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SOURCE JLL