APAC hotel investments cross US$10 billion this year, indicate YoY decline of 14%: JLL

Hotel investments in Asia-Pacific will total up to US$ 10.1 billion for 2023 for a variety of external factors, representing a year-on-year decline of 14 per cent. According to JLL’s recent report, a decline in both transactions and investment volumes versus 2022 is largely attributable to the combined headwinds of interest rate increases, cost inflation, and macroeconomic uncertainty.