Asia Pacific recorded $5.7 billion in hotel transactions over the first half of 2024, led by significant deals in Japan, China and Singapore, according to JLL.
With volumes up 19 percent year-on-year in first half 2024, Asia Pacific is expected to make a rebound with an anticipated record $11.6 billion in hotel transactions for the full year, fueled by strong investor appetite for Japan, with the country’s total hotel investment volume expected to reach $4 billion. Meanwhile, markets such as India, South Korea, and Thailand are expected to record high annual growth. If realized, this will represent a 2 percent year-on-year growth for the region, cementing Asia Pacific’s return to pre-pandemic transaction levels.
“We’re seeing an uptick in hotel investment volumes in tandem with the tourism boo
