PropertyGuru Asia Real Estate Summit’s Post

A MORE favourable interest rate environment will underpin hotel investment activity across Asia Pacific, which is tipped to total $12.2 billion for 2024, according to JLL. #CapitalMarkets #China #HongKong #HotelandLodgingPropertyMarket #HotelPropertySales #Japan #JLL #NihatErcan #HotelInvestment #AsiaPacific #InterestRates #RealEstateInvestment #HospitalityIndustry #HotelMarket #BusinessForecast #InvestmentTrends #RealEstateNews #EconomicOutlook #HotelDevelopment #PropertyMarket

🏨 Dear Network, as we are approaching the end of Q1, let's reflect on our CEE Hospitality Market Beat 2023 Report, which brought some interesting data worth noting! ✔️ The Polish hotel investment landscape is making a remarkable comeback, showcasing resilience and stability in the face of global challenges. Despite the aftermath of COVID-19, energy crises, and geopolitical tensions, the transaction volume has soared by an impressive 82% compared to 2022. This resurgence is drawing back international investors’ interest in the Polish market, with expectations of even higher transaction volumes in 2024. ✔️ Warsaw has emerged as one of the European leaders in the recovery of hotel performance, with a 26% increase in Revenue Per Available Room (RevPAR) in EUR, surpassing its 2019 figures. This places Warsaw in the top 10 European markets for RevPAR growth in 2023 and at the forefront of the CEE-6 capital cities. ✔️ Underpinning this growth is a significant rise in domestic demand coupled with a rebound in international tourism, further boosted by increased flight passenger numbers. 🔗 Discover more and download the full Cushman & Wakefield report at https://lnkd.in/dAv_FkRU #hospitality #Poland #Warsaw #MarketBeat #Tourism #Cushwake #OneCushwake #CEEHospitalityMarketBeat

Frasers Hospitality Head of North Asia Investments, Chester J., shed insights at the recent Mingtiandi - Asia real estate intelligence's annual forum on investments in North Asia's lodging and living sector. Chester delved deeper into the North Asia investment landscape, and shared recent consumer trends in rental and lodging within Asia's living sector, with a key focus on #China and #Japan. He also elaborated further on Frasers Hospitality’s twin engine of growth, and how that will fuel future expansion.   Read more about the discussion here: https://lnkd.in/dfz2Jrm5   #FrasersHospitality #HospitalityInvestment #LivingSector #NorthAsiaInvestment #RentalApartment #Lodging

Having just spoken at real estate conferences in Hong Kong, the UK, and now at EXPO REAL (Messe München), it’s been interesting to see how sentiment across the continents is very much that the commercial real estate industry is on the path to recovery, following a couple of challenging years. Some of the trends that are playing out include the growing imperative to invest in sustainable real estate, how generative AI might impact CRE, and where best to deploy capital for future growth. At each event, we found that investors are very much looking to the Australian market for opportunities. Against that backdrop, it was great to take part in a thought-provoking conversation about Investment Opportunities in Australia alongside Bhagya S, Chris Chapple, and Louise Kavanagh, moderated by Dr Tim Moonen. For European investors, the combination of economic stability, a thriving tourism sector, and a strong focus on sustainability makes Australia a prime opportunity for real estate investment, particularly in hotels. As one of the largest independent hotel investors in Australia, Pro-invest Group has built a strong reputation for turning around under-performing assets and developing quality hotels that perform above market, while setting new benchmarks in sustainability. Sustainability emerged as a key theme in relation to real estate investment, and this has always been at the core of our strategy. We believe this is key for investors to future-proof their portfolios and Pro-invest’s hotel network was one of the first in Australia to commit to the National Australian Built Environment Rating System (NABERS). This means our hotels are well positioned, given that the Australian government recently announced a mandate on Net Zero Travel, which means government departments must consider #NABERs when booking accommodation. II always love being at these events to see how our strategies align with trends in the industry and to discuss opportunities in the Australian market. I can’t wait to see where these conversations lead. #ExpoReal #InvestmentOpportunities #Australia #RealEstate #Hotels #Sustainability #ESG #Proinvest

On May 20th, Marlena Binkiewicz, associate in the real estate practice of Baker McKenzie Polska, represented the firm at the prestigious 𝐇𝐨𝐭𝐞𝐥 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 𝐓𝐫𝐞𝐧𝐝𝐬 𝐏𝐨𝐥𝐚𝐧𝐝 𝐚𝐧𝐝 𝐂𝐄𝐄 2024 conference, organized by Hotelarz magazine.   This event brought together industry leaders, investors, and experts to discuss the 𝐥𝐚𝐭𝐞𝐬𝐭 𝐭𝐫𝐞𝐧𝐝𝐬 𝐚𝐧𝐝 𝐨𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐡𝐨𝐬𝐩𝐢𝐭𝐚𝐥𝐢𝐭𝐲 𝐬𝐞𝐜𝐭𝐨𝐫.   🔍 Marlena’s key takeaways following the event are: 𝐏𝐨𝐥𝐚𝐧𝐝’𝐬 𝐮𝐧𝐭𝐚𝐩𝐩𝐞𝐝 𝐩𝐨𝐭𝐞𝐧𝐭𝐢𝐚𝐥: ➟ Poland is a market with immense development potential. However, the construction process is slower than in other markets. ➟ Effective promotion strategies are crucial to unlock the Polish development market's full potential. Improved flight connections can further boost Poland’s attractiveness to investors. 𝐂𝐡𝐚𝐧𝐠𝐢𝐧𝐠 𝐢𝐧𝐯𝐞𝐬𝐭𝐨𝐫 𝐥𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞: ➟ While some investors have scaled back their activities in the Polish market, others from regions such as CEE and Scandinavia have stepped in. ➟ Notably, these new investors may have lower financial capabilities, but their interest signals optimism for the industry. 𝐀𝐬𝐬𝐞𝐭 𝐜𝐨𝐧𝐯𝐞𝐫𝐬𝐢𝐨𝐧 𝐚𝐧𝐝 𝐦𝐨𝐝𝐞𝐫𝐧𝐢𝐳𝐚𝐭𝐢𝐨𝐧: ➟ A significant focus lies on converting and modernizing existing assets. This includes upgrading hotels to be categorized as premium. ➟ Additionally, there are plans to repurpose office buildings into hotels. 𝐂𝐡𝐚𝐥𝐥𝐞𝐧𝐠𝐞𝐬 𝐟𝐚𝐜𝐞𝐝 𝐛𝐲 𝐡𝐨𝐭𝐞𝐥 𝐢𝐧𝐯𝐞𝐬𝐭𝐨𝐫𝐬: ➟ High land prices pose a challenge for investors looking to develop new properties. ➟ Extensive administrative procedures can slow down projects. ➟ Difficulties in obtaining financing, which is remains expensive in Poland. ➟ Despite these hurdles, the demand for quality accommodations remains strong. 𝐌𝐢𝐧𝐢𝐬𝐭𝐞𝐫𝐢𝐚𝐥 𝐢𝐧𝐯𝐨𝐥𝐯𝐞𝐦𝐞𝐧𝐭: ➟ Secretary of State in Ministry of Sport and Tourism has discussed ongoing work to amend the tourism law to introduce short-term lease registration. ➟ Hospitality representatives were invited to actively participate in shaping the tourism sector’s strategies. ➟ Their participation underscores the importance of collaboration between industry stakeholders and policymakers.   As the hospitality landscape evolves, staying informed and connected through conferences such as 𝐇𝐨𝐭𝐞𝐥 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 𝐓𝐫𝐞𝐧𝐝𝐬 𝐏𝐨𝐥𝐚𝐧𝐝 𝐚𝐧𝐝 𝐂𝐄𝐄 is essential. Looking forward to more exciting developments in the industry!   #BakerMcKenziePolska #HIT2024 #RealEstate #Hotel

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Learn how to profit from Hotel Room Investing in Thailand, Download Investor Guide: https://ow.ly/P37H50Ti3IR #ThailandInvestment #ResortRoomOwnership #InvestInThailand #LuxuryRealEstateThailand

Learn how to profit from Hotel Room Investing in Thailand, Download Investor Guide: https://ow.ly/Mf2s50Tc5cI #ThailandInvestment #ResortRoomOwnership #InvestInThailand #LuxuryRealEstateThailand

Commercial Considerations in IP Selection The decisions you make can shape the destiny of your business. Join us as we uncover the essential factors driving commercial success of choosing the right IP #businessdevelopment #innovation #thailand #attractions #entertainment #commercial #realestate #familyentertainment #business

Learn how to profit from Hotel Room Investing in Thailand, Download Investor Guide: https://ow.ly/H8TV50TbObM #ThailandInvestment #ResortRoomOwnership #InvestInThailand #LuxuryRealEstateThailand