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【World Property Journal】Asia Pacific Hotel Investment Collapses 51 Percent in 2023

【World Property Journal】Asia Pacific Hotel Investment Collapses 51 Percent in 2023

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Based on new data from JLL, Asia Pacific hotel investment volumes declined by 51% year-on-year in the first half of 2023 as macroeconomic challenges and the rising cost of debt influenced capital deployment. Coming off a high base in 2022 and despite supportive market fundamentals, hotel investments moderated to $3.13 billion in the first half versus $6.41 billion during the same period last year. 

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