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European hotel markets risk oversupply

European hotel markets risk oversupply - 2003 - Jones Lang LaSalle Press Release 26 June 2003 (2) .

Jones Lang LaSalle Hotels' "European Digest 2003" reveals a significant increase in new hotels under development in Europe and questions whether the market can support this supply. It is estimated that 4.7bn euros will be invested in new hotel construction in Europe in the three years between 2003-05. Includes European hotel markets potential winners and losers. www.joneslanglasalle.com/news/2003/06Jun/hotelsupplygrowth.asp

Subjects--Topical Terms:
EUROPE
HOTEL MARKET
INVESTMENT MARKET

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