JLL appoints dedicated hotel investment specialist in Hong Kong
HONG KONG, 16 December 2021 – JLL Hotels & Hospitality Group today announced the appointment of Jonathan Law Kai Chung as Vice President, Hotel Investment Sales, Asia to spearhead its market-leading hotel investment practice in Hong Kong and serve clients' hotel-specific needs. Jonathan joins Julien Laloye, Vice President of Hotel Advisory & Asset Management in Hong Kong, together providing JLL’s full suite of dedicated hospitality investment and advisory services.
Jonathan will report to Nihat Ercan, Head of Investment Sales, Asia Pacific, JLL Hotels & Hospitality Group, and be an integral part of JLL’s one-of-a-kind regional and global hotel platform with over 100 hotel specialists in Asia Pacific and over 400 worldwide.
“Hong Kong remains one of the region’s most significant capital bases for hotel investment and Jonathan’s diverse background and skill set will enable him to both serve the local Hong Kong hotel market as well as Hong Kong investors looking to invest abroad,” says Ercan.
A consummate real estate professional and Certified Public Accountant, Jonathan was most recently with seasoned Hong Kong investor, Joint Treasure International Limited, where he was instrumental in the acquisition and asset management for a number of hotel and commercial properties including those in Japan, UK, the US and Europe. Prior to Joint Treasure, Jonathan worked within the Real Estate Division of Deloitte Touche Tohmatsu Limited in Hong Kong. He graduated from Bentley College in Boston, Massachusetts.
His appointment is significant for JLL. Hong Kong is home to some of the most substantial regional and global hotel owners with a number of investors continuing to aggressively pursue hotel acquisitions in key global markets. Concurrently, Hong Kong’s hotel sector is at an important crossroads, with owners looking to renovate, redevelop and convert their properties, which will sustain demand for specialist investment advice.
“Given the uncertain environment and potential future upside in the sector, having a hotel investment specialist in Hong Kong is crucial for JLL’s strategy to deploy experts around the region to provide deep insights and the best service possible to our clients,” says Ercan.
JLL Hotels & Hospitality Group provides a full suite of services to clients operating in Hong Kong and Greater China, ranging from investment advisory, market research and analytics, hotel operator selection and valuations, and related consultancy.
JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. JLL shapes the future of real estate for a better world by using the most advanced technology to create rewarding opportunities, amazing spaces and sustainable real estate solutions for our clients, our people and our communities. JLL is a Fortune 500 company with annual revenue of $16.6 billion in 2020, operations in over 80 countries and a global workforce of more than 95,000 as of September 30, 2021. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.