2012 saw US$5.5 billion in hotels sold in Asia Pacific, Japan accounted for 40 percent of all deals

"More than $US5.5 Billion worth of hotels changed hands across the (Asia Pacific) region in 2012 - Japan accounted for 40 per cent of the turnover"

Source: Buser to beef up CBRE's Asian Hotel Business

By Robert Harley

Australian Financial Review

Tuesday 23rd July 2013, page 39