Asian investors to continue key role in hotel deals outside region: EY report
China was one of Asia's most active hotel buyers in 2014, followed by Japan and Singapore
Add BT as a preferred source
Nisha Ramchandani
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
CROSS-BORDER capital is becoming more prevalent when it comes to mergers and acquisitions (M&A) in the hospitality industry, with the flow of money from Asia into North America, Europe and Australia expected to continue rising.
Some 41.2 per cent of global hotel investments in the first 10 months of 2014 were backed by cross-border capital, rising from 34.7 per cent in 2013, according to EY's Global Hospitality Insights: Top thoughts for 2015 report.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Singaporeans can now buy record amount of yen per Singdollar
Beijing’s calculated silence on the Iran war
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
StarHub hands Ensign InfoSecurity control back to Temasek in S$115 million deal, books S$200 million gain
