Singapore ranked 4th in Asian hotel investments

Japan led the market activity with $600 million worth of transactions.

According to Jones Lang LaSalle, during 2010, the Asian hotel market witnessed 43 major transactions with activity dominated by Japan, China, Hong Kong, India, Singapore and Thailand.

China, Hong Kong, India, Singapore and Thailand had transactions worth $533 million, $397 million, $325 million, $323 million and $164 million respectively.

Although Singapore, along with Hong Kong, dominated the hotel markets in Southeast Asia, Japan and China still led the market activity in the Asian region.

Asian transaction volume is projected to increase through 2011 to total around US$2.75 million. Japan is expected to emerge as the investment hot spot in 2011, due to the availability of stock.

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