The global hotel investment market experienced a strong start to the year with first-quarter transaction volumes reaching $2.8 bn (EUR 2.1 bn), a 53% increase on the $1.8 bn transacted in Q1 2009, according to latest research from Jones Lang LaSalle. Europe, Middle East and Africa (EMEA) remained the most active region recording $1.1 bn of hotel sales, a 46% year-on-year (y-o-y) increase for the same period, while the Americas and Asia Pacific regions recorded Q1 sales worth $991 mln (+70% y-o-y) and $736 mln (+43% y-o-y) respectively.
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