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FNB News - "Maintaining hygiene is topmost priority of hospitality and food industry"

FNB News - "Maintaining hygiene is topmost priority of hospitality and food industry"
fnbnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fnbnews.com Daily Mail and Mail on Sunday newspapers.

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Market Snapshot: Asia Pacific 2022 | By Hok Yean Chee

In 2021, transaction activity in the Asia Pacific recorded a strong recovery, achieving a transaction volume of approximately USD13 billion worth of hospitality assets, indicating a 47.7% growth year-on-year. Similarly, from 3Q 2021 to 2Q 2022, transaction activity in the Asia Pacific has continued to escalate by 16.8% compared to 3Q 2020 to 2Q 2021. Specifically, growing interest in hospitality assets continues to be observed in markets such as Hong Kong SAR, China, Japan, Indonesia, Thailand, Singapore, and certain markets in the South-East Asia regions. ....

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