Asia Pacific Hotel Trends - Q1 2015

 

​●  Investors displayed a robust appetite for hotels in Asia Pacific in Q1 2015, with strong activity reported in Australia and Japan. There is more money than deals at present and upward pricing pressure continues to build.

●  Tourism arrivals continue to grow steadily and the industry remains resilient despite political unrest and other events negatively impacting some markets. RevPAR growth in many major cities has been positive and occupancy is high.

●  Asian buyers were particularly active in Australia in Q1 2015 and completed a number of sizable deals. Prices hit new highs, supported by the shortage of saleable good quality and well located assets.

●  New buyers and new funds are considering investing in hotels. Most of these groups prefer their first purchase to be in a gateway city but quality assets in these locations are hard to find at present. The strength of Chinese buyers is of particular note.

Please click here to download the full report.

 

CONTACT

Robert McIntosh
Executive Director - CBRE Hotels, Asia Pacific
O: +65 6326 1200
M: +65 8123 0208
E: robert.mcintosh@cbrehotels.com