Asia Pacific’s hotel transaction volumes are expected to increase by 25 to 30 percent year-on-year to more than $11 billion in 2019, reported JLL.
“Despite a cautious economic climate and wider political headwinds, hotels in Asia Pacific present an attractive yield profile amid booming tourism demand, in the context of falling interest rates and bond yields,” says Mike Batchelor, CEO, JLL Hotels & Hospitality Asia Pacific. “Much demand this year has been buoyed by private equity firms, developers and domestic clients. This leads us to believe that 2019 will be the third most highly-transacted year in the past decade. To date, only 2017 and 2015 have surpassed the $11 billion threshold.”
According to JLL, the first nine months of the year have already seen $7.8 billion of hotel investments in the region. Thanks to Japan and its series of mega-events such as the 2019 Rugby World Cup, 2020 Tokyo Olympic Games and 2025 World Expo, the country has reached clo
