1、Asia PacificQ2 2025Asia Pacific HotelMarket DynamicsRNavigating regional disparitiesContents01Asia Pacific04Hong Kong05Beijing06Shanghai07Tokyo08Seoul09Singapore10Bangkok11Jakarta12Metro Manila13Kuala Lumpur14Ho Chi Minh City15Sydney1602Report23Hotel investmentHotel investment volume 2012 YTD 2025US
2、D millionsSource:JLL,Q2 2025Note:data pertains to completed transactions of USD 5 million and above,and excludes casino property,pub/licensed leisure,development site,and non-arms length deals02,0004,0006,0008,00010,00012,00014,00016,0002012201320142015201620172018201920202021202220232024YTD 2025Aus
3、traliaChinaHong KongJapanSingaporeSouth KoreaAP OthersAsia PacificRecovery in tourism remains uneven.Limited new supply in Q2 2025 across markets.Mixed performance amid economic headwinds.ResearchAsia PacificHotels|Q2 2025Amid global and regional tensions and challenges,tourist arrivals in the Asia
4、Pacific progressed at a different pace.Success factors in attracting tourists include visa policy adjustments and facilitations,high-profile events,and targeted source market diversification,with tourism departments actively recalibrating strategies to adapt.More specifically on a market level,Bangk
5、ok lags despite improved infrastructure,while Seoul and Shanghai exceed pre-pandemic visitor levels.Domestic tourism remains however the backbone for markets like Beijing,while international markets drive growth in Singapore and Sydney.Bangkok dominated Q2 hotel openings in Asia Pacific with six new
6、 properties adding more than 1,500 rooms,while Beijing,Seoul,and others paused supply expansion.However,most markets anticipate accelerated growth in the second half of the year,with Shanghai anticipating 2,300 new rooms,Metro Manila 3,000 and Hong Kong around 1,600.Luxury segment remains strong des