Asia-Pacific hotels a ‘most compelling’ investment amid travel growth, flat supply: CBRE
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Investment in Asia-Pacific hotel assets has surged in the first half of the year driven by increased travel demand and limited supply, according to CBRE. The region saw $8 billion in net investments, with Japan, mainland China, and South Korea leading activity.
Investor appetite for hotel assets increased in Hong Kong and the wider Asia-Pacific region in the first half of the year as consumers showed growing eagerness to travel and constrained supply supported property values, according to CBRE. The region netted US$8 billion of investment in the period, up 21 per cent from a year earlier, with Japan, mainland China and South Korea attracting the most activity, the property consultancy said in a report on Thursday. “Hotels have become one of the most...