JLL Hotels & Hospitality has brought industry veteran Brian Hughes onto the investment sales and advisory team in Dallas. He reports directly to the group’s Global CEO Gilda Perez-Alvarado.
Hughes will be joining VP Parker Sherrill and analyst Tom Stewart to lead strategy and execution of investment sales and advisory for the South-Central region. Hughes brings more than 25 years of real estate industry experience, most recently serving as a senior vice president at Ashford Hospitality Trust, focusing on acquisitions and sales.
Hughes graduated from Texas Christian University, where he earned his bachelor’s degree in finance, and the Cox School of Business at Southern Methodist University, where he earned his MBA.
JLL Hotels & Hospitality recently promoted Andrew Dickey and John Nugent to managing directors, added Chris Exler to the Americas team in Miami from Europe and expanded the investment banking team with 20-year veteran Mark Fisher. In partnership with JLL’s capital markets team, the group has executed 1,741 deals in H1 2021 at a volume of $57.9 billion.
When comparing hotels transactions from H1 2020 to H2 2021, volume increased in the South-Central region by 233 percent, and 219 percent for Texas particularly at $168.1 million, according to JLL. In addition, the Sunbelt region overall has completed over $910.4 million in hotels transactions from January to August, a 13.6 percent increase when comparing the same time frame in 2020, the company said.
JLL’s Hotels & Hospitality Group has completed transactions totaling $83 billion worldwide in the past five years. The group’s 350-person global team in over 20 countries also closed more than 7,350 advisory, valuation and asset management assignments.