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Asia-Pac hotel investment hits 5-year high in 2013

But lower transaction volume expected for S'pore this year

[SINGAPORE] Investing in Asia-Pacific hotels seemed the thing to do last year, with the hospitality investment market in the region hitting a five-year high on a transaction volume of US$12.83 billion. This was 30 per cent higher than the figure for 2012, said real estate services firm Cushman