JLL: Asia Pacific hotel investment may reach $8.5 billion

hotel exterior

JLL expects the Asia Pacific hotel sector to attract $8.5 billion in hotel investment this year.

Scott Hetherington, CEO of JLL Hotels & Hospitality Asia, told the Sydney Morning Herald that last year saw "blockbuster acquisitions of high-profile, gateway market hotels by Chinese investors" as well as "a high volume of hotel deals in Japan with increasing interest from foreign investors."

This year, Hetherington said, JLL expects transaction activity across the region to slow, with a likely to shift to secondary markets in Southeast Asia and the Indian Ocean.

Virtual Event

HOTEL OPTIMIZATION PART 2 | SEPTEMBER 10 & 24, 2020

Survival in these times is highly dependent on a hotel's ability to quickly adapt and pivot their business to meet the current needs of travelers and the surrounding community. Join us for Optimization Part 2 – a FREE virtual event – as we bring together top players in the industry to discuss alternative uses when occupancy is down, ways to boost F&B revenue, how to help your staff adjust to new challenges and more, in a series of panels focused on how you can regain profitability during this crisis.


Craig Collins, CEO of JLL Hotels & Hospitality Australasia, said that with a widely expected scarcity of available stock moving forward, competition will be "incredibly strong" this year in the Sydney and Melbourne markets. Collins also predicted an increasing weight of money coming from investment and private equity funds.

External Source : Sydney Morning Herald

Read more on

Suggested Articles

The final day of Hotel Optimization Part 2 focused on booking channels, cleanliness protocols and maximizing revenue in the age of COVID-19.

The Urban Park Hotel Collection is currently looking at hotels with 25 to 85 rooms, which will include both independent and franchise properties.

While occupancy, rate and revenue all improved from July, they were still significantly down year over year.