Hotel Investment Highlights Asia Pacific – Second Half 2023

Asia Pacific hotel sector is taking flight with investor interest rising again

October 24, 2023

Asia Pacific’s hotel sector is navigating winds of change following the pandemic and amid the turbulence in global real estate markets. The industry has taken flight again with reopened borders and the gradual reinstatement of airlift, and hotel performance has been strong. Revenue per available room (RevPAR) recovery is now at 95 per cent of 2019 for the region, yet many markets are far ahead of this and setting new all time RevPAR highs.

The investment climate is however facing headwinds due to interest rate increases, cost inflation and macroeconomic uncertainty. Most core real estate asset classes are going through a period of evolution, and in many ways the hotel sector stands out as one of the best segments to be in due to the strong industry fundamentals:

of investors are either very interested (28%) or interested (46%) in buying hotels in the next 12 months vs. 73% last year

of investors believe their access to debt is better to much better compared to 2022

The latest report provides the insights on Asia Pacific hotels' industry performance and investors sentiment across the region over the next 12 months, and also the forecast of the hotel investment volumes for 2024.

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