Tuesday, June 1, 2010

Asia Pacific hotel transactions projected at US$3.7b for 2010

SINGAPORE: Asia Pacific hotel transactions are seeing a boom, with sales expected to reach some US$3.7 billion or S$5.2 billion - or 29 per cent of global sales - in 2010.


This is according to Jones Lang LaSalle Hotels, which said that global transaction volume is forecast to reach US$12.8 billion or S$18.1 billion this year.
 
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