Asia Pacific Hotel Transaction Volumes Up
Hotels Transactions in Asia Pacific Totalled US$3.9 Billion in First Half 2014
Transaction volumes in the Asia Pacific hotels market totalled US$3.9 billion during the first six months of 2014, up 6.5 percent on the same period in 2013, according to JLLs latest Hotel Investment Highlights Report. Asian hotel markets recorded the lions share of activity with sales totalling US$3.5 billion, compared to Australasias US$0.6 billion. Japan ($1.0 billion) and China ($1.0 billion) dominated, accounting for 60 percent of Asian deal flow.