"While domestic tourism has seen some recovery, times are tough for the hotel industry, with increasing bankruptcies and delayed recovery due to new variants. However, opportunistic investors still see this as a chance to enter or expand into the Japanese hotel market."

"Drawing on insights from our operator survey, we look beyond the headlines of the staff availability crisis facing the hotel sector"

"As more people get vaccinated, the return of travel demand is on the cards. Even so, considering the technical complexities in restarting global travel, and the uncertainties it brings, the path to normalcy is expected to be eventful. Nonetheless, this presents a great opportunity for well-prepared market participants."

"Hotel investment volumes improve in H1 2021, with a relatively strong outlook for the remainder of the year"

"Despite the delay in travel bubble arrangements and with some of the countries in the region still struggling to expedite their vaccine rollouts, the APAC hotel market reported a strong fl ow of investment activity in Q2/2021."