HTL celebrates successful first year

26 July, 2019 by Andy Young

HTL Property is celebrating 12 months since its launch and it has been a prolific 365 days for Managing Director Andrew Jolliffe and his team.

HTL has said that in its first 12 months it has successfully completed 44 transactions and estimates to have generated in excess of 500 points of contact with “the active buyer universe”.

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Speaking about the company’s first year, Jolliffe said: “Not surprisingly when expertly combined by parties in a strategic manner, the opportunities for wealth creation in the hospitality indexed property sector are often spectacular.

“In the financial year of 2019, we were rewarded by our clients through enjoying the opportunity to transact 44 sales at a gross asset value of over $450m+ nationally.

“The strength of our first year numbers is a particularly rewarding data point, and one we are collectively most proud to report.”

Jolliffe also said that what is really exciting the HTL team is the momentum they are generating and that the year-on-year comparison regarding the number of transactions concluded is favourable.

Looking at the year ahead, Jolliffe said HTL moves forward on a platform of being “firmly focused on deepening the company’s value to clients via its objective to not only lead the traditional hotel sector, but to also participate as a noteworthy alternative expert agency in the accommodation hotel sector in Australasia.”

He added: “According to London-based and leading market analyst Euromonitor International’s recent research paper, four of the top five visited destinations in the world in 2018 were based in the Asia Pacific region.

“This deep visitation flow of people and associated capital brings extraordinary opportunities to our doorstep; and our commitment to our clients is to remain both contextually relevant to, and abreast of, the many wealth creation opportunities that exist when you take the time to challenge norms, question everything, and think outside the box.”