Asia Pacific hotel transactions down 22% due to supply shortage: JLL survey

Asia Pacific hotel transactions down 22% due to supply shortage: JLL survey

Hong Kong cityscape. Photo: Pixabay

Investment activity in hotels in the Asia Pacific region have recorded a 22 per cent dip at $5.3 billion for the first nine months of this year (compared to corresponding period last year) due to the lack of assets on sale and a pricing gap between buyers and sellers.

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