Tag: JLL
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JLL Proclaims Sale of The Boxer Boston — LODGING
[ad_1] BOSTON, Massachusetts—JLL’s Motels & Hospitality Group introduced the sale of The Boxer Boston, an 80-key restored historic lodge positioned in Boston’s West Finish neighborhood, to Eurostars Motels Firm, the lodge division of Grupo Hotusa. JLL represented the vendor, Hersha Motels & Resorts, within the transaction. Initially constructed in 1904, The Boxer Boston occupies a nine-story…
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JLL Proclaims Sale of Clarion Resort Airport in Portland, Maine
[ad_1] BOSTON, Massachusetts—JLL’s Motels & Hospitality Group introduced the sale of the Clarion Resort Airport, a 149-room full-service resort in Portland, Maine. JLL represented the vendor within the transaction. The resort can be managed by Jamsan Resort Administration for the brand new possession group. Initially opened in 1974, The Clarion Resort Airport offers roughly 7,000…
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JLL Report Exhibits Progress for Choose-Service and Prolonged-Keep
[ad_1] CHICAGO—JLL’s Lodges & Hospitality Group launched its U.S. Choose-Service and Prolonged-Keep Lodge Outlook 2025 report, offering an evaluation of current market developments and evaluating the sector’s potential to stay a robust funding choice. The report exhibits the sector’s development, with RevPAR reaching a document excessive of $78 in 2024, 14 % above 2019 ranges,…