Hong Kong’s hotel investment market is reeling from the impact of Covid-19 on tourism, with only one transaction taking place this year and landlords suing hotels for millions in rent arrears.Only one hotel property has changed hands successfully, albeit at a steep discount, so far this year compared with seven in the first eight months of 2019. Last year’s total investment volume came to HK$9.9 billion (US$1.28 billion) via 10 transactions, according to Colliers International.The city’s…
from South China Morning Post https://www.scmp.com/business/article/3100663/hong-kongs-hotel-investment-market-reels-coronavirus-social-unrest-prices
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Thứ Tư, 9 tháng 9, 2020
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South China Morning Post
Hong Kong’s hotel investment market reels from coronavirus, protests, with prices tumbling and landlords suing
Hong Kong’s hotel investment market reels from coronavirus, protests, with prices tumbling and landlords suing
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