Hotel Investment Highlights Asia Pacific H2 2026

Asia Pacific hotel transaction volume reached USD 12.0 billion in the first nine months of 2026 (up 50% year on year), with the full year 2026 anticipated to increase by 35-40% from last year to reach around USD 15.0 billion.

Geopolitical tension and persistent macroeconomic challenges were expected to derail growth. Instead, investors adapted. Revenue Per Available Room (RevPAR) continued to grow with sustained elevated Average Daily Rates (ADR) and capital kept moving, with more discernment about where it lands. Japan remained the most liquid market in the region, accounting for 39% of year-to-date volume (USD 4.7 billion), followed by Mainland China and Australia. Buyers are increasingly looking past the gateway cities to regional markets, hotel-to-living conversions and non-consensus plays.

APAC Hotel Investors' Sentiment Survey 2026/2027

The Hotel Investment Highlights Asia Pacific 2H 2026 report features detailed market analysis across 12 markets on the following points:

• Transaction comparables and pricing benchmarks
• Cap rate analysis by market and product type
• Supply pipelines and demand
• Debt market conditions and financing structures
• Strategic implications for portfolio allocation
• Outlook and projection for 2027

The full report provides the granular intelligence, transaction evidence, and forward-looking insights required to make informed capital allocation decisions in today's complex market environment.

Contact our Hotels & Hospitality team to access the complete analysis and discuss investment opportunities across Asia Pacific: Nihat Ercan, Julien Naouri, Peter Harper, James Abe or Gaurav Sharma.