To build or buy? Investors eye hospitality assets as tourism, scarce supply prop up sector

Singapore

WITH rising tourist arrivals and limited stock, investor appetite for Singapore hospitality assets is heating up, with hospitality deals in the first nine months of the year totalling S$4.2 billion, according to data from Colliers International.

While a sizeable portion of deals was from existing hotels, sites zoned for hotel use have also seen some activity - with high sale prices and asking prices.