Asia Pacific hotel investment remained flat in the first half of 2021 with $3.7 billion in sales, a decline of 3.7 percent year-on-year, according to JLL. In total, 61 hotel investment deals were transacted in the first half of the year, representing more than 10,000 rooms across nine countries.
In addition, hotel transaction volumes in first half 2021 stand approximately 18 percent below the same period in 2019, which was the peak of the investment market in Asia Pacific. However, the completion of several major transactions continues to demonstrate the resilience of the sector and growing confidence of investors in the hospitality market despite the current challenging operating environment and travel restrictions.
“Confidence in the Asia Pacific hospitality sector’s recovery remains high, and investor sentiment continues to view the industry through a longer-term lens. Volumes have held up well within the backdrop of government lockdowns and travel curbs, with t
