The Bangkok Post reports that properties in Asia Pacific are likely to see investments totalling USD 30 billion in 2022, a 30% jump from last year. In a statement published in the South China Morning Post, investment firm JLL expressed positive sentiment for the overall APAC rel estate market. Meanwhile ratings firm Fitch has predicted that 2022 will see hotels globally recover to 70% of their pre-pandemic REVPAR. Locally, the article noted Asset World Corporation Plc’s recent buying of the 130-room dusitD2 Chiang Mai for 435 million baht.
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