
'Buy' signals increase to highest level since 2005, suggesting more transactional activity ahead.
Investors' short-term performance expectations improve but at expense of medium-term outlook as global hotel markets adapt to continuing economic uncertainty; sentiment is divergent by region.
- Americas – Short-term investor sentiment reaches its highest level since mid-2007 as both lodging fundamentals and deal velocity maintain strong momentum.
- EMEA – Despite economic challenges in the Eurozone, performance expectations remain in positive territory.
- Asia Pacific – Short-term sentiment dips to three-year low weighed down by outlook for China and India; South East Asian markets emerging as bright-spots.
Investment in Asia Pacific hotel real estate looks set to rise over the next six months with an increase in buy and build sentiment.
Both are now well above the long term average and are the two most favoured strategies for hotel investment in Asia Pacific.
Phuket is the most highly sought Asia Pacific hotel market for acquisitions, whereas Bali is being targeted by investors for development with build sentiment the highest for any of the 93 markets we track globally.

Full report:
http://97.74.60.108/PDF/Global_HISS_December_2012.pdf