{"id":118544,"date":"2020-09-09T07:30:16","date_gmt":"2020-09-09T00:30:16","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-hotel-investment-market-reels-from-coronavirus-protests-with-prices-tumbling-and-landlords-suing\/"},"modified":"2020-09-09T08:07:04","modified_gmt":"2020-09-09T01:07:04","slug":"hong-kongs-hotel-investment-market-reels-from-coronavirus-protests-with-prices-tumbling-and-landlords-suing","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-hotel-investment-market-reels-from-coronavirus-protests-with-prices-tumbling-and-landlords-suing\/","title":{"rendered":"Hong Kong\u2019s hotel investment market reels from coronavirus, protests, with prices tumbling and landlords suing"},"content":{"rendered":"


\nHong Kong\u2019s hotel investment market is reeling from the impact of Covid-19 on tourism, with only one transaction taking place this year and landlords suing hotels for millions in rent arrears.Only one hotel property has changed hands successfully, albeit at a steep discount, so far this year compared with seven in the first eight months of 2019. Last year\u2019s total investment volume came to HK$9.9 billion (US$1.28 billion) via 10 transactions, according to Colliers International.The city\u2019s\u2026
\n
\nSource : South China Morning Post
\nRead more…Hong Kong\u2019s hotel investment market reels from coronavirus, protests, with prices tumbling and landlords suing<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Hong Kong\u2019s hotel investment market is reeling from the impact of Covid-19 on tourism, with...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-118544","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-uQ0","jetpack-related-posts":[{"id":118323,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-retail-stand-off-turns-nasty-with-landlords-suing-tenants-to-recover-arrears-as-recession-deepens\/","url_meta":{"origin":118544,"position":0},"title":"Hong Kong retail stand-off turns nasty with landlords suing tenants to recover arrears as recession deepens","date":"August 21, 2020","format":false,"excerpt":"\r The months-long stand-off between Hong Kong\u2019s commercial landlords and retailers is taking a turn for the worse, as a third wave of coronavirus outbreak amid the city\u2019s worst recession crimped retail sales, pushing many businesses to the brink of bankruptcy.Harbour City, one of Hong Kong\u2019s best-known luxury shopping centres\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":171976,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-commercial-landlords-may-bet-on-investment-to-curb-tenant-loss-from-ai-analysts\/","url_meta":{"origin":118544,"position":1},"title":"Hong Kong commercial landlords may bet on investment to curb tenant loss from AI: analysts","date":"June 14, 2026","format":false,"excerpt":"\r Hong Kong\u2019s older office assets and their struggling landlords could face more challenges as the wider adoption of artificial intelligence (AI) by firms in the city leads companies to relocate to newer buildings that better support their requirements, according to real estate consultancy Knight Frank. AI is poised to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118026,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-office-landlords-may-have-reached-peak-suffering-from-rental-slump-with-stocks-at-bargains-morgan-stanley-says\/","url_meta":{"origin":118544,"position":2},"title":"Hong Kong\u2019s office landlords may have reached peak suffering from rental slump with stocks at bargains, Morgan Stanley says","date":"July 30, 2020","format":false,"excerpt":"\r Hong Kong\u2019s office landlords may have reached peak suffering from the rental slump, according to US investment bank Morgan Stanley. The work-from-home arrangement may not inflict much more pain.Office rents in the city declined by 13 per cent in the first half this year, the most six among Asian\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":146899,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/owners-of-hong-kongs-connaught-hotel-slash-sale-price-by-40-amid-property-downturn\/","url_meta":{"origin":118544,"position":3},"title":"Owners of Hong Kong\u2019s Connaught hotel slash sale price by 40% amid property downturn","date":"September 3, 2024","format":false,"excerpt":"\r The four-star hotel is among a slew of hotels and offices that have been put on the market at reduced prices by landlords and owners recently.\r \r Source : South China Morning Post\r Read more...Owners of Hong Kong\u2019s Connaught hotel slash sale price by 40% amid property downturn","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":113263,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-retail-landlords-bet-on-christmas-cheer-in-their-shanghai-malls-as-protests-crush-festive-spirit-at-home\/","url_meta":{"origin":118544,"position":4},"title":"Hong Kong\u2019s retail landlords bet on Christmas cheer in their Shanghai malls as protests crush festive spirit at home","date":"December 25, 2019","format":false,"excerpt":"\r Shoppers in Shanghai at this time of year are used to seeing malls decked out for Christmas. But this year the festivities seem bigger and more extravagant than ever before.One of the reasons is that Hong Kong\u2019s retail landlords, faced with moribund sales and the prospect of vandalism at\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118437,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/landlords-of-hong-kongs-ginza-style-commercial-buildings-slash-rents-and-target-non-restaurant-tenants-amid-coronavirus-downturn\/","url_meta":{"origin":118544,"position":5},"title":"Landlords of Hong Kong\u2019s \u2018Ginza-style\u2019 commercial buildings slash rents and target non-restaurant tenants amid coronavirus downturn","date":"September 2, 2020","format":false,"excerpt":"\r Landlords of Hong Kong\u2019s \u201cGinza-style\u201d commercial buildings are slashing rents by up to 40 per cent and shifting their focus away from restaurants and bars to survive the dramatic downturn in the catering and retail sectors caused by the coronavirus pandemic.As rents of street-level shops and restaurants have tumbled,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/118544"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=118544"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/118544\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=118544"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=118544"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=118544"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}