Hotel Investors Turn Cautious as Deal Volume Drops in Asia Pacific
Skift Take
JLL said hotel investors in Asia Pacific turned more cautious in 1H25, deploying less capital into the hospitality sector amid macroeconomic uncertainty. Plus more deal and development news.
JLL said hotel investors in Asia Pacific turned more cautious in 1H25, deploying less capital into the hospitality sector amid macroeconomic uncertainty. Asia Pacific hotel transaction value was US$4.7 billion in the first half of the year, 23% lower than the US$5.7 billion in the year-ago period. JLL said Japan continued to lead regional hotel investment with US$1.5 billion in transactions, followed by China with US$755 million, and Australia with US$664 million in deals. High-net-worth individuals from within the region emerged as increasingly active buyers in the first half, seeking portfolio diversification through hotel investments, with capital invested into hotels growing 54% from the same period last year. Investors gravitated towards boutique hotels in Singapore, while hybrid hotels, with an extended-stay component, are also attracting investment from private equity groups. For the full year, Singapore hotel transaction value is expected to reach US$1.2 billion,
