{"id":126677,"date":"2022-05-12T07:30:16","date_gmt":"2022-05-12T00:30:16","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/two-hong-kong-hotels-sell-for-us295-million-as-cash-rich-investors-bet-on-hospitality-sector-rebound-once-borders-reopen\/"},"modified":"2022-05-12T08:08:14","modified_gmt":"2022-05-12T01:08:14","slug":"two-hong-kong-hotels-sell-for-us295-million-as-cash-rich-investors-bet-on-hospitality-sector-rebound-once-borders-reopen","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/two-hong-kong-hotels-sell-for-us295-million-as-cash-rich-investors-bet-on-hospitality-sector-rebound-once-borders-reopen\/","title":{"rendered":"Two Hong Kong hotels sell for US$295 million, as cash-rich investors bet on hospitality sector rebound once borders reopen"},"content":{"rendered":"<p>&#013;<br \/>\nTwo hotels changed hands in deals worth more than HK$2.3 billion (US$295 million) in Hong Kong on Wednesday, as cash-rich investors swooped in to pick up assets from the city\u2019s slumping hospitality industry, betting on the sector improving once the city\u2019s borders have been reopened.&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/article\/3177380\/two-hong-kong-hotels-sell-us295-million-cash-rich-investors-bet?utm_source=rss_feed\" target=\"_blank\" rel=\"noopener\">Two Hong Kong hotels sell for US5 million, as cash-rich investors bet on hospitality sector rebound once borders reopen<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Two hotels changed hands in deals worth more than HK$2.3 billion (US$295 million) in Hong&#46;&#46;&#46;<\/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-126677","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-wXb","jetpack-related-posts":[{"id":105389,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-companies-eye-slice-of-japan-tourism-boom-invest-in-hospitality-sector\/","url_meta":{"origin":126677,"position":0},"title":"Hong Kong companies eye slice of Japan tourism boom, invest in hospitality sector","date":"March 26, 2019","format":false,"excerpt":"\r Investors from Hong Kong are buying and building hotels in Japan in a bid to capitalise on a tourism boom that contributed to an 8.7 per cent year-on-year increase in tourist arrivals last year. According to the Japan National Tourism Organisation, a record 31.19 million tourists visited the country\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":171152,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/japan-hotels-keep-luring-hong-kong-families-global-investors-despite-geopolitical-strains\/","url_meta":{"origin":126677,"position":1},"title":"Japan hotels keep luring Hong Kong families, global investors despite geopolitical strains","date":"March 15, 2026","format":false,"excerpt":"\r For Hong Kong\u2019s Topaz Family Office, investing in hotels in Japan holds up as a sound decision even as a Middle East war clouds the macroeconomic environment. The wealth manager has made Japan a central plank of its pivot into hospitality and real estate over the past two years,\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":138553,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-hotels-cash-rich-investors-can-find-bargains-of-up-to-30-per-cent-in-hot-asset-class\/","url_meta":{"origin":126677,"position":2},"title":"Hong Kong hotels: cash-rich investors can find bargains of up to 30 per cent in \u2018hot asset class\u2019","date":"July 31, 2023","format":false,"excerpt":"\r Cash-rich investors are looking to snap up hotels in Hong Kong, taking advantage of discounts of as much as 30 per cent, as a rapid recovery in tourism allows owners to exit or trim their borrowing costs, analysts say.\r \r Source : South China Morning Post\r Read more...Hong Kong\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":136126,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-hotel-property-buying-spree-looms-as-investors-bet-on-tourism-rebound-say-analysts\/","url_meta":{"origin":126677,"position":3},"title":"Hong Kong hotel property buying spree looms as investors bet on tourism rebound, say analysts","date":"April 30, 2023","format":false,"excerpt":"\r Investors are likely to snap up more hotels in Hong Kong as tourism slowly rebounds from Covid-19 and many owners are still prepared to offer discounts, say analysts.\r \r Source : South China Morning Post\r Read more...Hong Kong hotel property buying spree looms as investors bet on tourism rebound,\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":147320,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-investors-turn-to-japans-hotels-as-funds-tourists-soar-to-record-high\/","url_meta":{"origin":126677,"position":4},"title":"Hong Kong investors turn to Japan\u2019s hotels as funds, tourists soar to record high","date":"October 6, 2024","format":false,"excerpt":"\r Japan\u2019s low interest rates and booming tourism are attracting investors like the Chiu family and Dorsett Hospitality International.\r \r Source : South China Morning Post\r Read more...Hong Kong investors turn to Japan\u2019s hotels as funds, tourists soar to record high","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122821,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/investors-turn-hong-kong-hotel-assets-into-co-living-space-on-higher-occupancy-profit-appeal\/","url_meta":{"origin":126677,"position":5},"title":"Investors turn Hong Kong hotel assets into co-living space on higher occupancy, profit appeal","date":"October 26, 2021","format":false,"excerpt":"\r Co-living projects are delivering higher occupancy and profits for property owners, underpinning efforts to acquire and convert hotels as the hospitality industry continues to suffer from tough Covid-19 measures, according to consultants.The city could see about US$300 million worth of real estate transactions involving hotels this year, JLL estimated,\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/126677"}],"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=126677"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/126677\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=126677"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=126677"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=126677"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}