Hong Kong is becoming a magnet for hotel investments after some investors snapped up assets on the cheap this year, banking on a recovery in tourism and shrinking room supply to brighten the industry outlook, according to property consultants.
Investments in the sector could reach about HK$5 billion (US$637 million), an almost 50 per cent increase from 2024 after solid activity in the first quarter, according to Colliers. JLL forecasts hotel transactions to hit US$800 million.
“There is…
Source : South China Morning Post
Read more…Hotel investors pick up Hong Kong bargains on distress, tourism rebound















