JLL strengthens indochina hotel investment sales with strategic appointments
The arrival of Tuan Nguyen and Victor Pang reinforce the firm’s longer-term growth ambitions in Indochina and Asia Pacific
SINGAPORE, 24 FEBRUARY 2022 – JLL (NYSE: JLL) today announced two key hires in Vietnam and Thailand to further solidify its market-leading Indochina hotel investment sales platform. The firm has tapped Tuan Nguyen to steer its hotel investment business in Vietnam as Senior Vice President and Head of Investment Sales, Vietnam, JLL Hotels & Hospitality Group. Victor Pang will join as Senior Regional Representative, Investment Sales, JLL Hotels & Hospitality Group, based in Thailand.
“Vietnam is a key market within our longer-term growth plans and is increasingly on the radar of savvy hotel investors. By bringing Tuan and Victor to JLL, these strategic hires further strengthen our position as the unrivaled hotel transaction advisor in Indochina and Asia Pacific. We look forward to leveraging their vast experience in this exciting market and providing a broader platform to our clients operating across Indochina,” says Nihat Ercan, Senior Managing Director, Head of Investment Sales, Asia Pacific, JLL Hotels & Hospitality Group.
Based in Ho Chi Minh City, Tuan’s arrival at JLL will reinforce the firm’s leading investment sales position in Vietnam, which is poised to recover strongly from the decline in tourism globally.
Tuan brings close to 20 years of industry experience to JLL. Most recently, Tuan was Head of Business Development at Accor based in Vietnam, a role he held for five years. In this position, he signed management contracts for approximately 40 hotels and branded residences across Vietnam, representing close to 13,000 keys.
Prior to Accor, Tuan worked with the MIK Group as Senior Manager Hospitality, where he coordinated the asset operational management of investment projects within Vietnam’s tourism real estate sector.
Victor was previously with Accor for 32 years. His most recent position was Head of Business Development Thailand, Vietnam, Myanmar, Cambodia and Laos. Victor helped Accor grow its network from 30 to over 170 hotels in Thailand & Indochina, having commenced his work there in sales and marketing, pre-opening and operations, and subsequently promoted to business development where he remained for the past 20 years.
Victor and Tuan will partner closely with Bangkok-based Chakkrit Chakrabandhu Na Ayudhya (Paul), Executive Vice President, Investment Sales, Asia, to further integrate JLL’s Indochina investment sales platform.
“The calibre of Tuan and Victor’s experience speaks for itself and we’re delighted to have them help drive the next phase of growth for our Vietnam, Thailand and broader Indochina hotel investment sales business. We’re extremely confident in the longer-term fundamentals of both the leisure and business travel segments in Indochina, and the deepening level of expertise we can provide clients under Tuan and Victor’s experience and leadership,” says Chakkrit Chakrabandhu Na Ayudhya (Paul).
JLL’s Hotels & Hospitality Group has completed more transactions than any other hotels and hospitality real estate advisor over the last five years, totaling $83 billion worldwide. The group’s 350-strong global team in over 20 countries also closed more than 7,350 advisory, valuation and asset management assignments. Our hotel valuation, brokerage, asset management and consultancy services have helped more hotel investors, owners and operators achieve high returns on their assets than any other real estate advisor in the world.
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.