Asia Pacific Vacation Real Estate News
Asia Pacific Vacation
Growing Asia Pacific Hotel Investments in 2021 Reflects Growing Optimism
On a quarter-over-quarter basis, Q2 2021 saw $2.3 billion in hotel transaction volume across the region, a 5.1% slide from Q1 2021. Japan, Mainland China, Korea and Australia made up the bulk of sales volume during the second quarter, says CBRE.
Asia Pacific Hotel Transactions Hit $3.7 Billion in First Half of 2021
According to investment data tracked and analyzed by JLL Asia, pacific hotel investment remained flat in the first half of 2021 with $3.7 billion in sales, a decline of 3.7% year-on-year.
Asia Pacific Hotel Transactions in First Half of 2021 Hits $3.7 Billion
Asia Pacific hotel investment remained flat in the first half of 2021 with $3.7 billion in sales, a decline of 3.7% year-on-year. In total, 61 hotel investment deals were transacted in the first half of the year across nine countries and representing over 10,000 rooms.
Portugal Vacation Home Searches Rise as COVID Travel Rules Soon Ease in the U.K.
International property consultant Knight Frank is reporting that Portugal, along with Spanish and Greek islands, have been declared safe for UK residents to travel to by the Foreign and Commonwealth Office (FCO). This comes after the European Union announced that it will open its door to vaccinated travellers from the start of June 2021.
