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Asia Pacific continues to lead the global recovery in hotel transaction volumes. As at August 2011, transactions totaled US$2.6 billion across Asia Pacific, up 58.5% on the same period in 2010. Growth slowed in Q3 however, there remains a solid pipeline of transactional activity expected to conclude towards the end of the year, driven by faster growth in some of the advanced economies as well as continued strong growth in emerging economies.
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24 November 2011