Hotel sector remains strong
Hotel sector remains strong
- 2002
- Christie & Co Press Release 8 February 2002, (2) .
The hotel market remains steady in terms of supply and demand with hotel values rising 5.1% in 2001, according to Christie & Co. The property agents report that the US terrorist attacks have created a two-tier hotel market with corporate operators hit by the fall in tourists and business travellers while the independent sector is pushed by a buoyant residential property market.
TERRORISM
CHRISTIE & CO
HOTEL MARKET
HOTELS
The hotel market remains steady in terms of supply and demand with hotel values rising 5.1% in 2001, according to Christie & Co. The property agents report that the US terrorist attacks have created a two-tier hotel market with corporate operators hit by the fall in tourists and business travellers while the independent sector is pushed by a buoyant residential property market.
TERRORISM
CHRISTIE & CO
HOTEL MARKET
HOTELS