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Vaux writes down value of hotels

Language: English Series: Times ; 9 December 1992, 23(1)Publication details: 1992Subject(s): Summary: Vaux Group`s annual report reveals the extent of decline in property values in the leisure industry, with those of its hotel stock falling by one third in the past four years.

Vaux Group`s annual report reveals the extent of decline in property values in the leisure industry, with those of its hotel stock falling by one third in the past four years.