






{"id":4374,"date":"2019-10-31T16:37:55","date_gmt":"2019-10-31T09:37:55","guid":{"rendered":"https:\/\/www.asiapropertyawards.com\/?p=4374"},"modified":"2021-06-04T14:43:28","modified_gmt":"2021-06-04T07:43:28","slug":"asia-pacific-hotel-investments-2019","status":"publish","type":"post","link":"https:\/\/www.asiapropertyawards.com\/en\/asia-pacific-hotel-investments-2019\/","title":{"rendered":"Asia Pacific\u2019s hotel investments will surpass the $11 billion threshold in 2019"},"content":{"rendered":"<p>Primarily driven by the booming tourism industry all throughout the region<\/p>\n<figure id=\"attachment_4375\" aria-describedby=\"caption-attachment-4375\" style=\"width: 1000px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" class=\"size-full wp-image-4375\" src=\"https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2019\/10\/shutterstock_1506301535.jpg\" alt=\"\" width=\"1000\" height=\"667\" srcset=\"https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2019\/10\/shutterstock_1506301535.jpg 1000w, https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2019\/10\/shutterstock_1506301535-300x200.jpg 300w, https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2019\/10\/shutterstock_1506301535-768x512.jpg 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" \/><figcaption id=\"caption-attachment-4375\" class=\"wp-caption-text\">Tourist standing by the window. Boyloso\/Shutterstock<\/figcaption><\/figure>\n<p>The number of hotel transactions in Asia Pacific is expected to increase around 25 to 30 percent yearly until 2019. By the end of this year, global real estate consultancy <a href=\"https:\/\/www.jll.co.th\/en\/newsroom\/hotel-investment-volumes-in-asia-pacific-to-exceed-us11-billion-in-2019-says-jll\" target=\"_blank\" rel=\"noopener noreferrer\">JLL<\/a> has predicted the total investments to surpass the USD11 billion margin.<\/p>\n<p>\u201cDespite a cautious economic climate and wider political headwinds, hotels in Asia Pacific present an attractive yield profile amid booming tourism demand, in the context of falling interest rates and bond yields,\u201d said Mike Batchelor, the CEO of JLL Hotels &amp; Hospitality Asia Pacific.<\/p>\n<p>He said that domestic clients, developers, and private equity firms have encouraged most of the demand in 2019, which is why they assumed that this year would be the third most highly-transacted year in the past 10 years. So far, only 2015 and 2017 have exceeded the USD11 billion threshold.<\/p>\n<p><a href=\"https:\/\/www.asiapropertyawards.com\/japan-residential-property-investment-foreign\/\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>More: Japan\u2019s residential property market soars as foreign investors search for a safe haven<\/strong><\/a><\/p>\n<p>For the first nine months of the year, investors have already bought USD7.8 billion worth of hotels in the region. The massive events in Japan, including the 2019 Rugby World Cup, 2020 Tokyo Olympic Games, and 2025 World Expo, has contributed most of the amount, achieving transaction volumes of almost USD3 billion.<\/p>\n<p>\u201cThese tourism drivers will boost the need for accommodation assets, with investors looking to capitalise on the wave of demand. Japan is the region\u2019s top-performing market and forecast to hit a record high of USD4 billion in transaction volumes this year,\u201d said Batchelor.<\/p>\n<p>Local investors were active in their home markets, especially Japan and China, but foreign buyers drove most of the region\u2019s yield, highly encouraged by stable growth of tourism.<\/p>\n<p>\u201cAs both overseas and domestic investors seek out higher-yielding opportunities across Asia Pacific, the hospitality sector will continue to shine,\u201d said Nihat Ercan, the Managing Director and Head of Investment Sales Asia at JLL Hotels &amp; Hospitality.<\/p>\n<p>\u201cWe\u2019re confident that this investment momentum will continue to drive the region\u2019s hotel transaction volumes going into 2020.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Primarily driven by the booming tourism industry all throughout the region<\/p>\n","protected":false},"author":9,"featured_media":20342,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[92],"tags":[223,112,115],"class_list":["post-4374","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-asia-pacific","tag-foreign-investment","tag-property-investment","news_country-asia-pacific","news_author-property-report"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Asia Pacific\u2019s hotel investments will surpass the $11 billion threshold in 2019 | Asia Property Awards<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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