Hotel investments in the Asia-Pacific rebounded from pandemic lows in the first half of 2022, helped in part by purchases of inns from cashed-up investors from distressed sellers, global real estate consultancy JLL said in a report today. A decline in China hotel investment held back even bigger gains.
Overall, first-half investment in the region rose by 33% from a year earlier to $6.8 billion and gained 11.9% from 2019, “demonstrating a return to pre-pandemic levels of capital deployment into the Asia Pacific hotels sector,” JLL said.
“The increase in deal activity was influenced by a spike in portfolio transactions as institutional investors
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