Hong Kong’s hotel market is heating up as investors scoop up discounted properties, betting on a tourism comeback and fewer available rooms to drive up value. Deals could hit HK$5 billion this year—a nearly 50% jump from 2024—with firms like Colliers and JLL predicting a surge in transactions. It’s a classic "buy low, hope for high" play, with optimism riding on post-pandemic travel demand.

Editor’s Note: After years of pandemic slump, Hong Kong’s hotel scene is finally looking like a smart bet. Investors are gambling that tourists will flood back, and with fewer rooms up for grabs, prices could climb. For locals, it might mean pricier stays—but for the economy, it’s a sign life’s returning to normal (and that someone’s making big money off it).