Asia-Pacific hotel investments may ease to US$8.5b in 2016
Deals in Singapore to be "few and far between", says report by JLL Group
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Nisha Ramchandani
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Singapore
THE Asia-Pacific is expected to see US$8.5 billion in hotel investments this year, while markets such as Singapore and Hong Kong will be less active owing to the shortage of available assets.
The figure marks a decrease from the US$9.2 billion in transactions racked up last year in the region, as over 33,000 hotels rooms changed hands, according to a report by JLL Hotels & Hospitality Group.
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