"Positive news regarding global vaccination programs and travel bubble arrangements have substantially improved investor sentiment. However, this positivity is yet to be reflected in the hotel market transaction volume this quarter."
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"Regional performance has been tepid due to the absence of big players, but some markets are showing signs of improvement."
"Hotel transaction activity remains muted as investors wait for the market to bottom out."
"With national borders largely closed worldwide, inbound tourism to Japan has plummeted. Although overseas visitors are a key driver of growth in the hospitality sector, domestic tourism still accounts for most demand. "
"Many hotel owners and operators are currently in an unfortunate period of rebuilding their businesses and have been asking us which segment of hotels will recover the quickest; midscale or luxury?"
"Domestic tourism has fueled the improvement in hotel performance across the APAC markets in Q2 2020. However, transactional activity has remained subdued."
"Together with the steady growth in the number of international visitorarrivals over the last decade, domestic demand in Indonesia historically has always been strong."
"In the industrial and warehousing market winners are starting to emerge."
"Raymond Clement, Managing Director at Savills Hotels Investment & Advisory Services gives The Yield an overview of the APAC hotel investment market."