Hotel Insights | Q2 2021 (Colliers) 04 June 2021
The performance of Sydney and Japan hotels are expected to be driven by increasing domestic travel on the rollout of vaccinations, while international visitors won’t arrive in masses anytime soon.
In addition, Asia’s cruise industry has been recovering quickly as operators nimbly tap into pent-up travel demand, which could grow further with mass vaccinations in Asia and globally.
In the past quarter, hotel deals remained at historically low levels, as owners hold rather than sell assets at a discount, given support from banks and governments.
In Colliers Hotel Insights | Q2 2021, we look at:
- Why invest in hotels?
- How increasing interstate travel should improve Sydney hotel performance
- Domestic demand to prop up Japan's accommodation market
- Recommendations for hotel investors amid limited deals, as hotel owners wait and see
- The rapid recovery of the cruise industry in H1 2021