Global hotel performance remained largely stagnant over the past year, with modest pricing gains offset by declining occupancy. Year-to-date revenue per available room (RevPAR) rose 0.2% through August 2025, according to STR, as a 1.0% increase in average daily rate was outweighed by a 0.8% drop in occupancy.
Hong Kong's Central district posted its first rise in Grade A office rents in more than two years, as tightening vacancy in top-tier towers bolstered landlord confidence, according to new data from JLL.
Asia-Pacific's hotel investment market is regaining momentum in 2025, with transaction volumes on track to hit $11.9 billion, according to a new forecast by JLL.
Hong Kong's office sector showed signs of recovery in the third quarter of 2025, led by heightened leasing activity from IPO-driven and wealth management tenants, according to JLL's latest Preliminary Market Summary.