|
According to JLL, Hotel transactions volume in Asia/Pacific totaled $3.9 billion during the first half of 2014 and Sales volumes were the highest in Shanghai. Hong Kong ranks number 10. Hotel transactions volume in Asia/Pacific totaled $3.9 billion during the first half of 2014, up 6.5% from last year, according to JLL. The company forecasts $7.5 billion in deals for the region for the full year. Sales in Asian markets totaled $3.5 billion, compared to Australasia’s $600 million. With sales each of $1 billion, Japan and China accounted for 60% of the deal flow in Asia. Sales volumes were the highest in Shanghai; Sydney; Tokyo; Thailand’s resort markets; Melbourne, Australia; Osaka, Japan; and Hong Kong. The top 10 markets accounted for more than 70% of deal flow in the region. |
