# Asia Pacific hotel investment hits US$8 billion in H1 2026

- **Source:** Real Estate Asia
- **Published:** 2026-10-06T05:52:32.000Z
- **Author:** Staff Reporter
- **Original:** https://realestateasia.com/commercial-hotel/news/asia-pacific-hotel-investment-hits-us8-billion-in-h1-2026
- **Topics:** Transactions & Deals, Investment & Capital Markets, Regional Markets

## Featured rationale

Strong hotel fundamentals and new liquidity channels may sustain investment, although elevated borrowing costs could constrain returns and slow transaction-volume growth in H2 2026.

## AI summary

Asia Pacific hotel investment reached US$8.0 billion in H1 2026, rising 21% year on year as Japan, mainland China and Korea led activity.

## Original article

This represents a 21% jump from the same period last year.

Asia Pacific hotel investment volume reached US$8.0 billion in H1 2026, up 21% from the same period a year earlier, with Japan, mainland China and Korea leading transaction activity, according to CBRE.

Mainland China recorded the strongest growth, with hotel investment volume more than doubling year on year in the first six months of 2026. CBRE attributed part of the increase to regulatory changes that took effect in late 2025, allowing four-star and above hotel projects to be included among the underlying assets of China's C-REITs.

According to CBRE, the change is providing greater liquidity and additional exit opportunities for hotel investors. However, eligibility requirements remain strict. In particular, remaining land tenure must match the fund term, while leasehold land must have at least 20 years of remaining tenure.

Investor interest in the living sector is also generating hotel acquisition activity, particularly in Hong Kong SAR, where hotels are being converted into student accommodation. CBRE said nine hotels totalling about 1,600 rooms changed hands in H1 2026, compared with just two transactions in the first half of 2025.

CBRE expects strong hotel fundamentals to continue supporting investment activity in the second half of 2026. However, the consultancy cautioned that elevated borrowing costs in some markets could constrain investment returns and lead to slower transaction-volume growth than recorded in H1 2026.

## Chinese translation

> Translation model: grok_cli

### 亚太酒店投资在2026年上半年达80亿美元

亚太酒店投资额在2026年上半年达80亿美元，较上年同期增长21%，日本、中国内地及韩国领跑

这较去年同期跃升21%。

据世邦魏理仕称，亚太酒店投资额在2026年上半年达80亿美元，较上年同期增长21%，日本、中国内地及韩国领跑交易活动。

中国内地录得最强增长，2026年前六个月酒店投资额同比增逾一倍。世邦魏理仕将部分增幅归因于2025年底生效的监管变化，允许四星级及以上酒店项目纳入中国C-REITs的底层资产。

世邦魏理仕表示，该变化正为酒店投资者提供更大流动性及额外退出机会。不过，资格要求仍然严格。尤其是，剩余土地年限必须与基金期限匹配，而租赁土地剩余年限须至少20年。

居住板块的投资者兴趣也在带动酒店收购活动，尤其是在香港特别行政区，酒店正被改建为学生住宿。世邦魏理仕表示，2026年上半年共有九家酒店、合计约1600间客房易手，而2025年上半年仅有两宗交易。

世邦魏理仕预计，强劲的酒店基本面将继续支撑2026年下半年的投资活动。不过，该咨询机构提醒，部分市场借贷成本高企可能制约投资回报，并导致交易额增速慢于2026年上半年。