"Single assets driving the transaction market"

"Japan’s hotel sector maintained robust momentum in 1H/2025, supported by record-breaking ADR and RevPAR growth driven by strong inflows of inbound tourism, which reached 21.5 million visitors in the first half of the year. While occupancy remains slightly below pre-pandemic ultra-tight levels due to labour shortages, improvements in hiring and the adoption of technology to improve operational efficiency point to further upside potential. While active promotion by neighbouring tourist destinations may temper Japan’s growth to some extent, demand is likely to rise in regional centres as repeat travellers seek authentic local experiences. Overall, growth in Japan is expected to remain firm, albeit not spectacular."

"PBSA overtakes Multifamily as the most sought-after sector"

"Leading the European real estate recovery"

"2024 hotel investment saw the return of US private equity. Could 2025 be characterised by a return of big-ticket London assets?"

"The hotel sector shone brightly in 2024, as record numbers of inbound tourists contributed to further growth in ADR and RevPAR. This robust momentum shows little sign of slowing down into 2025. Looking ahead, new hotel supply will be limited from 2025 due to high construction costs and labour shortages, on top of project cancellations related to the pandemic, which will benefit existing hotels."

"Positive economic and political sentiment is filtering through with more stock in the market, warming up for a stronger Q4"

"The Asia Pacific hotel sector is undergoing a dynamic shift, positioning itself as a beacon of resilience amidst a fluctuating commercial property investment climate."

"Investor interest surges as the lines between hospitality and residential blur"

"The hotel sector has continued on its upward trend, reaching new highs for ADR and RevPAR. This sustained robustness has also fuelled investment sentiment and volumes to historical highs. While overtourism is an issue in some popular areas, Japan has a wide and diverse array of locations that have not been discovered yet. More inbound tourists should be welcomed as long as they are properly distributed."