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Maldives , Thursday 16 April 2026

Asia Pacific hotel investments cool in 1H2023: JLL

Published on: Tuesday 18 July 2023

Asia Pacific hotel investments cool in 1H2023: JLL The sale of Parkroyal on Kitchener Road for US$388 million in July is expected to bolster Singapore hotel investment volumes in 2H2023 (Picture: Albert Chua/The Edge Singapore)SINGAPORE (EDGEPROP) - Based on a research report by JLL, Asia Pacific (Apac) hotel investment volumes fell by 51% y-o-y in 1H2023, weighed down by macroeconomic challenges and the rising cost of debt. “Coming off a high base in 2022 and despite supportive market fundamentals, hotel investments moderated to US$3.13 billion


News source: https://sg.finance.yahoo.com/news/asia-pacific-hotel-investments-cool-093045499.html

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