Hotel investors still focused on Hong Kong
But these three Asian cities will beat Hong Kong in the next 12 months.
According to Savills Singapore, Asian hotel property markets have been relatively resilient to the global economic uncertainties, given the strong domestic demand and wider policy options. Timing is key for investors at the moment, and they will continue to cautiously search for opportunities, particularly in prime locations.
Major locations such as Tokyo, Hong Kong and Singapore remain the focus of hotel investors in the region; however, Bangkok, Jakarta and especially Seoul will all be on investors’ radars for the next 12 months.
The constantly changing trends, the new sources of growth and the continually evolving opportunities in Asian tourism require knowledge and experience to successfully ride the wave to significant returns on investment. By remaining in this volatile market, cyclical investors will hope to benefit from the strong upswing in hotel assets in the medium term.