Strong support from the French government combined with the continued worldwide appeal of Paris has resulted in a dynamic rebound for the city's tourism sector post pandemic ensuring its lead is maintained as one of the most desirable destinations for hotel investors.
According to new data by CBRE, global commercial real estate investment volume increased by 34% year-over-year to $282 billion in Q1 2022. Investment was up by 47% in the Americas, 25% in EMEA and 5% in Asia-Pacific. Note that all investment totals and percentage changes cited in this report are in U.S. dollars.
According to new research by property consultant CBRE, following a pandemic-induced lull, cross-regional global capital flows to the Asia-Pacific region (APAC), North America and Europe jumped 60% year-over-year in H2 2021 to a record $77.5 billion.
The sector's share of capital flows will continue to be supported by favorable demographic, economic and capital markets tailwinds which will drive expansion in established markets and accelerate growth in emerging markets in Asia Pacific and Europe.