Hotel investment in Asia-Pacific staged a comeback in 2021, growing 46% year-on-year to reach US$12.1 billion. The steady rebound was underpinned by a growing volume of capital seeking to increase exposure to the sector, according to the latest research by the property services group CBRE.
"Hotels are among the sectors poised to benefit as the region's borders reopen," said Steve Carroll, head of hotels and hospitality in the capital markets division of CBRE in Asia-Pacific. "The sector offers attractive risk-adjusted yields and asset repositioning opportunities to investors seeking enhanced returns.
"Hotels have gained appeal as a potential inflation hedge due to the sector's uniquely short lease period, measured in days rather than months or years for other property types."
