Record-breaking Q4 2017 Real Estate Investment Volumes in Asia Pacific Sound a Positive Note For 2018
Investors look to traditional favourites Hong Kong, Australia and Japan, with uplift in cross-border investment activity
According to pipeline data from STR, the number of hotel rooms under construction in the U.S. has declined or remained flat year over year for three consecutive months. Overall, there were 179,979 rooms in construction across 1,400 hotels for the month of December.
Los Angeles rises to second place for commercial real estate investment - Gap closing between 'Big Seven' and the chasing pack Shanghai, Sydney and Amsterdam surging - Investors still cautious of cities in 'Emerging' economies, which struggle to reach Top 30 global rankings
The rapid development of Chinas hotel industry has seen an unprecedented amount of supply come online since the turn of the millennia. Owning hotels requires a distinct skill set to maximize asset performance over time.
Solid economic performance and record tourist arrivals continue to propel Canadas lodging sector as investors remain eager to invest in lodging real estate with $3.5 billion of transaction volume in 2017.