Hotel investment volumes in Asia reached $3.9 billion at the end of Q3 2013-up 145 percent compared to the same period in 2012, according to the latest research from Jones Lang LaSalle’s Hotels & Hospitality Group.
The quarter itself recorded $1.2 billion of transactions, up 41 percent compared to Q3 2012, as the market continues to experience its strongest year since the global financial crisis. 

The strength of the region’s tourism markets is contributing to an overall sense of optimism in hotel investment across Asia, pushing price benchmarks past their 2007 peak. Japan and Singapore are driving most of the solid sales activity. Accounting for 16 percent of the year’s transactions to date, the Singapore investment market continues to experience strong demand from overseas investors given its consistently high occupancy rate and tourist arrivals.
“Hotel trading performance in Asia has experienced a significant turnaround over the past two years and nowhere more so than in Singapore,” comments Mike Batchelor, managing director of investment sales, hotels and hospitality, Jones Lang LaSalle. “This quarter’s landmark transaction of the Grand Park Orchard Hotel and adjoining Knightsbridge retail podium heralded the single largest asset deal in the city’s history. Going forward, we are aware of approximately $1.3 billion in exchanged contracts that will contribute to a very strong pipeline over the remainder of the year.”
