European hotel industry performance in 2008
Balekjian, Cristina
European hotel industry performance in 2008 - 2009 - Journal of Retail and Leisure Property 8(3) 2009, 153-158(6) .
Assesses European hotel industry performance in 2008 using data from Hotel Valuation Service's "European Hotel Valuation Index" and "European Hotel Transaction Review". A Europe-wide 10.5% decrease in hotel values and 42 basis points increase in yield was less than expected or predicted by some for 2008. Hotel deals were matched 2007 numbers in the first six months of 2008 but tailed off in the second half of the year. European hotel assets remained globally a major attraction for investors. 2009 is going to be a year of de-leveraging and investing in prime locations, established markets and good-quality products. Tables. References.
Europe
European hotel industry performance in 2008 - 2009 - Journal of Retail and Leisure Property 8(3) 2009, 153-158(6) .
Assesses European hotel industry performance in 2008 using data from Hotel Valuation Service's "European Hotel Valuation Index" and "European Hotel Transaction Review". A Europe-wide 10.5% decrease in hotel values and 42 basis points increase in yield was less than expected or predicted by some for 2008. Hotel deals were matched 2007 numbers in the first six months of 2008 but tailed off in the second half of the year. European hotel assets remained globally a major attraction for investors. 2009 is going to be a year of de-leveraging and investing in prime locations, established markets and good-quality products. Tables. References.
Europe