Subdued Australian investment as Asia Pacific experiences 'unprecedented' first half downturn - CBRE
New data from CBRE has shown the depth of COVID-19's impact on hotel markets in the Asia Pacific, with the region experiencing the largest year-on-year decline in tourist arrivals of any region in the first half of 2020 at 72 per cent.
'Safety, security and strong rule of law' to support Australian hotel recovery - CBRE
CBRE's latest report, COVID-19: Implications for Asia Pacific Hotels indicates investors are still in a "wait and see" mode following the pandemic but CBRE Hotels Asia Pacific Executive Director Robert McIntosh believes competition for good assets in the Australian market is...
