International hotel deals are expected to reach US$30bn (£19.4bn, EUR23.5bn) in 2012 – level with last year's total, according to Jones Lang LaSalle (JLL).

The Chicago, US-based company said that global transaction volume showed "impressive" growth in the first half of 2011 but was subsequently impacted by economic concerns.

JLL's Hotel Investment Outlook 2012 predicts another year of transactions totalling more than US$30bn, despite the ongoing uncertainty surrounding international economies.

It is expected that the largest deals will be "bank-induced" through debt maturities and the subsequent refinancing challenges, as well as a "significant" number of note sales.

Sovereign wealth funds and private high net worth individuals are set to join the buyer mix, taking a long-term view and completing strategic acquisitions across the world.

JLL Hotels chair Arthur de Haast said: "Flexibility is a key theme for 2012, and the ability to react to change quickly will feature as a success indicator.

"Unexpected events, such as political unrest and natural disasters seem to have become the new norm and success will be predicated by investors and operators who can calculate risk and adapt the quickest."

Details: www.joneslanglasallehotels.com