Asia Pacific Vacation Real Estate News
Asia Pacific Vacation
Japan Lifts Foreign Inbound Covid Travel Restrictions in October
The country of Japan is significantly loosening Covid-19 border restrictions that are expected to drive increased inbound travel demand, says global property consultant CBRE.
Singapore Hotel Demand to Accelerate in Late 2022
Global property consultant JLL is reporting that Singapore's mid-market hotel sector -- fueled by increased tourist demand and reflected by heightened investment -- will continue to post healthy post-pandemic growth performance in the second half of 2022.
Asia Pacific Hotel Sector Enjoys $8.5 Billion of Investment in 2021
Based on JLL's newly released annual Hotel Investment Outlook Report, Asia Pacific's hotel market recorded a sharp investment rebound in 2021, but levels still remain below pre-pandemic levels as the industry recovery continues.
Despite COVID, Australia Hotel Sales Enjoy 5-Year High
According to global property consultant CBRE, Australian hotels sales have surged to almost $2 billion this year - hitting a five-year high and up from just $681 million 2020 - despite a year of lockdowns and ongoing travel restrictions.
