Bets on Hong Kong hotel assets jump as distress, tourism rebound lure investors
Hotel
deals made up 45 per cent of commercial real estate transactions in the
first three months of the year, the busiest quarter on record
Hong Kong is
becoming a magnet for hotel investments after some investors snapped up
assets on the cheap this year, banking on a recovery in tourism and
shrinking room supply to brighten the industry outlook, according to
property consultants.
Investme...... (Read more)