Asia Pacific Hotel Trends - Q2 2015

 

​●  Asia Pacific recorded strong demand for hotels in Q2 2015 and upward pricing pressure continued to build. The period saw an increase in enquiries from new capital from outside the region.

​●  Tourism demand continued to post steady growth in the first four months of the year. Arrivals in Asia Pacific grew by 4.0% y-o-y in the January-April period.

​●  The big talking point this quarter was the Abu Dhabi Investment Authority completing its first ever real estate acquisition in Hong Kong by purchasing a 50% stake in a hotel portfolio comprising the Grand Hyatt, the Renaissance Harbour View and the Hyatt Regency from Hong Kong-listed New World Development for US$2.4 billion.

​●  The outlook for hotel investment remains positive and investors’ preferences for hotels continue to increase. The coming quarters will see more groups broadening their search to regional cities in search of higher yield opportunities.

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CONTACT

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