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News Release

Jones Lang LaSalle Hotels releases Hotel Intelligence Seoul 2012

[Tokyo, 29 October 2012]
Jones Lang LaSalle Hotels Tokyo is pleased to announce that Hotel Intelligence Seoul 2012 has been released today.

Focusing on the Seoul market,one of the hottest markets for hotel development in the world, Hotel Intelligence Seoul provides an overview and outlook on the city’s tourism, hotel trading and investment market.

In the next five years, the hotel room inventory in Seoul is expected to double to 40,000 rooms. This is attributable to the healthy hotel performance resulting from lack of new hotel supply in Seoul with the five-year CAGR (2006-11) at 3.8%, compared to the increasing international visitors with five-year CAGR at 10.6%. This hotel development boom will result in diversification of hotel investors and operating structures.

Hotel Intelligence Seoul 2012 is available for download below.