What will move the deal bar in 2023?

JLL Hotels & Hospitality has its fingers on the hotel deal pulse and Global CEO Gilda Perez-Alvarado offered some nuggets from 2022 and gave her outlook for 2023. Among the highlights: 20% of buyers in 2022 were new to the hotel space; alternative-lodging concepts continued to evolve and play a bigger role in hospitality; and deals that couldn’t get across the finish line in the second half of last year should get done by the second half of 2023 when Perez-Alvarado expects the pace to pick up due to numerous catalysts.