Asia Pacific 1H 2022 hotel investment up 33% year-on-year as market moves above pre-pandemic levels
JLL estimates investment volumes totaled $6.8 billion in the first six months of 2022 and projects $10.7 billion in transactions for the full year despite macroeconomic and geopolitical headwinds.
With borders reopening and international flights now available, travelers are making up for lost time and booking their ‘bucket list’ holidays – so much so that Expedia has labelled 2022 the ‘GOAT’ (Greatest of All Trips).
Workplace technology critical to positive customer service outcomes, research shows
Research by Humanforce, a provider of intelligent workforce management solutions, has shown seventy-four percent of frontline workers in Australia, including hotel and hospitality staff, believe that technology plays a critical role in customer service today.
Shareholder and government pressure to drive ESG change at Asia Pacific hotels says JLL
Almost 75% of investors polled by JLL now see ESG factors as critical when deploying capital in the hotel sector says Nihat Ercan, Senior Managing Director, Head of Investment Sales, Asia Pacific, JLL Hotels & Hospitality Group.
Singapore mid-market hotel demand to accelerate in 2022 - JLL
Singapore’s mid-market hotel sector will continue to post healthy post-pandemic growth performance, fueled by increased tourist demand and reflected by heightened investment says says Noel Neo, Head of Singapore Mid-Markets, JLL Hotels & Hospitality Group.
Delayed but welcomed hotels recovery set to hit New Zealand shores says Colliers
The past few months have brought a significant amount of positive news for New Zealand’s hotel sector as it continues on the path to recovery following the Covid-19 pandemic says Dean Humphries, National Director of Hotels at Colliers.
CBRE launches Asia Pacific Hotel Market Outlook – Trends to Watch in 2022
Asia Pacific hotel investment staged a comeback in 2021, growing 46% year-on-year to reach US$12.1 billion. The sector’s steady rebound was underpinned by a growing volume of capital seeking to increase its exposure to the sector, CBRE Asia Pacific Hotel Market Outlook - Trends to Watch in 2022...
Knight Frank Survey reveals strong appetite for Malaysian Hotel investment with 64% of respondents looking to increase their exposure.
James Buckley, Executive Director Capital Markets, Knight Frank Malaysia, says “We do expect to see an increasing number of hotel transactions over the next 24 months.
