Singapore Hotels MarketView - H1 2013

Singapore hotels performance remains solid amid challenging H1 2013

​ 

LATEST NEWS

• The hotel investment market continued its strong momentum, with the recent transactions of Gallery Hotel and Park Hotel Orchard (with Knightsbridge Retail Podium).
• Taking these deals into account (S$1.430 billion) and excluding IPO transactions, this marked a milestone for hotel investments as YTD August investment value exceeded FY 2011 transactions by a significant 37.7% at S$2.230 billion.
• As investors continue to seek Singapore hotels as a safe haven, a potential compression of yield and weaker growth expectations could prompt buyers to make selective purchases to optimise returns.

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