Asia-Pacific hotel investments may ease to US$8.5b in 2016

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.

Markets which saw high-activity last year included Japan, Australia and Hong Kong, with notable sales such as the Inte…