Asia Pacific Hotel Trends Q1 2018
• Asia Pacific hotel transaction volume increased by 8% y-o-y to US$2.8 billion in Q1 2018. Virtually all markets saw strong demand from a broad range of investors but activity was constrained by the lack of stock for sale.
• Upbeat markets were led by Vietnam, where surging visitor arrivals continued to support robust demand for hospitality properties.
• In Singapore, the price gap continued to deter transactions but sentiment improved on the back of stronger hotel performance and inbound visitors.
• The outlook in Korea brightened following the inter-Korean summit in April and an uptick in tourist arrivals during the PyeongChang Winter Olympics.