Investors from across the Asia Pacific have shown massive interest in the regional hotel market, driving a 119% year-on-year increase in cross-border investment in the first half of 2011. Jones Lang LaSalle Hotels’ most recent edition of Hotel Investment Highlights revealed a 58.5% increase in transactions volume across the Asia Pacific. The flurry of investor activity, centred in key gateway cities, continues the significant upturn in hotel trading across region over the past 18 months. Craig Collins, CEO for Jones Lang LaSalle Hotels Australasia said; “The positive outlook for the region’s gateway cities has resulted in a surge of activity with investors looking to capitalise on the current trading upswing and projected long term growth of the hotel and tourism sector across Asia Pacific.” Investment activity across the region was concentrated in Singapore (US$1.02 billion), Australia (US$478 million), China (US$339 million), Japan (US$269 million) and Hong Kong (US$233 million), Thailand (US$114 million) and Taiwan (US$112 million).
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