Hotels in Asia-Pacific likely to see surge in investment this year as coronavirus restrictions ease, JLL report says

Hotels in Asia-Pacific are likely to receive investment of more than US$9 billion this year, a 30 per cent increase from 2021, as countries begin to ease their Covid-19 restrictions and some confidence returns to the hospitality sector, according to JLL.The higher investment in the segment is just one of the themes likely to dominate the property sector in the region. Total capital outlay is expected to hit around US$200 billion, a 15 per cent rise from the full year estimate for 2021, the…

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