Asian investors cash in on Aussie hospitality

As China’s growing middle class looks further afield for leisure travel, Asian investors are snapping up Australian hotels on a bet that our shores will be in hot demand.

In recent months, Asian investors have stepped up hotel acquisitions in Australia – a country they see as the next big frontier for Chinese tourists.

The thinking is that, while most first-time Chinese tourists visit neighbouring South East and North Asia, they will venture further afield to countries like Australia, which is already a sought-after destination for wealthier Chinese.

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