As of March 2025, hotel real estate in Hanoi, Vietnam had a median cap rate of around percent. In comparison, the median cap rate of hotel real estate in Tokyo was about *** percent as of March 2025.
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CBRE Group. (May 22, 2025). Median cap rate of hotels in the Asia-Pacific region as of March 2025, by city [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 25, 2026, from /statistics/1359638/apac-hotel-cap-rate-by-city/
CBRE Group. "Median cap rate of hotels in the Asia-Pacific region as of March 2025, by city." Chart. May 22, 2025. ÌÇÐÄÆƽâ°æ. Accessed July 25, 2026. /statistics/1359638/apac-hotel-cap-rate-by-city/
CBRE Group. (2025). Median cap rate of hotels in the Asia-Pacific region as of March 2025, by city. ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 25, 2026. /statistics/1359638/apac-hotel-cap-rate-by-city/
CBRE Group. "Median Cap Rate of Hotels in The Asia-pacific Region as of March 2025, by City." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 22 May 2025, /statistics/1359638/apac-hotel-cap-rate-by-city/
CBRE Group, Median cap rate of hotels in the Asia-Pacific region as of March 2025, by city ÌÇÐÄÆƽâ°æ, /statistics/1359638/apac-hotel-cap-rate-by-city/ (last visited July 25, 2026)
Median cap rate of hotels in the Asia-Pacific region as of March 2025, by city [Graph], CBRE Group, May 22, 2025. [Online]. Available: /statistics/1359638/apac-hotel-cap-rate-by-city/
