Hotel investment outlook brightens in Asia-Pacific

Singapore

A RESURGENCE of Asia-Pacific hotel investment sales is on the cards as more buyers eye the current environment as an opportunistic time to snag assets, although bid-ask spreads threaten to crimp deal volumes.

Industry players have observed an uptick in buying and selling interest in recent quarters as the sector looks set to ride the projected travel and tourism recovery. Some purchasers are also turning hotels into apartments, co-living properties or offices.

Speaking to The Business Times, Steve Carroll, CBRE head of hotels and hospitality, capital markets, Asia-Pacific, said the…

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