APAC I Hotels registered significant yoy volume growth in key markets Asia Pacific Transactional Volumes
6-year volumes comparison (USD Billion)
30
17%
-40%
-9%
76%
Japan
China
25
68%
288%
-39%
-25%
South Korea
20
2%
-3%
-5%
294%
17.3
HK
15
-20% -15% -40%
230%
10.5
10
8.4
7.8
Singapore
3.8
5
-44% 11%
1105%
-3%
1.8
Australia
APAC Transaction Volumes
0
Australia China Hong Kong Japan Singapore South Korea +23% -9% -24% +8% +13% -5%
1H24 vs 1H23
106%
Map Key YoY (1H 2024 vs 1H 2023)
-18%
81%
-47%
Office Industrial
1H'19 1H'20 1H'21 1H'22 1H'23 1H'24
Retail Hotel
Source: JLL Research
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