Asia Pacific's first-half hotel transaction volume rises 13.2%

Singapore

ASIA Pacific hotel investment volumes in the first half of this year climbed 13.2 per cent to US$3.8 billion compared to the same period last year, according to a report by real estate consultancy Jones Lang LaSalle (JLL).

A total of about 14,000 keys were traded across the Asia Pacific region in the first half of the year. This amount is higher than the almost 11,000 keys achieved in the same time frame last year, according to JLL's Hotel Investment Highlights report.