"Despite the delay in travel bubble arrangements and with some of the countries in the region still struggling to expedite their vaccine rollouts, the APAC hotel market reported a strong fl ow of investment activity in Q2/2021."

"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."

"Domestic tourism has fueled the improvement in hotel performance across the APAC markets in Q2 2020. However, transactional activity has remained subdued."

"After a record year in 2019, Q1/2020 saw a sharp fall in investment volumes as a result of the COVID-19 outbreak, hitting a post-2013 low."