000			01803cad a22002535a 4500
001			L140172
008			070910s2007 xxkd f s 000 0 eng d
035			_a(Sirsi) u140172
041	0		_aeng
050	0	4	_a333.33 $2 18
110	2		_aEurohypo AG
245	0	4	_aThe European hotel sector _h[electronic resource]
260			_aLondon _bEurohypo AG _c2007
490		0	_aReal Estate Agenda _vJanuary 2007
505	2		_aSummary -- Strong investment activity, involving the property side -- A large-scale restructuring in Europe will benefit property investors -- Realistic timing and pricing
520			_aReports on the European hotel sector which showed strong investment activity in 2006. Corporate initiatives from sector leaders have resulted in restructuring, including its real estate. Concludes that consolidation of the hotel industry on a large scale is still to come in Europe and that this will involve property investors. Forecasts that hotel chains will sell property to finance highly capital intensive growth. Independents will restructure and probably join chains. US history shows that property oriented investors can play a major role in the restructuring of the sector. Concludes that despite strong investment activity and rising prices, valuations are still realistic. Hotel property still stands at the upper part of the yield scale and this leaves room for further compression.
590			_aKA
651		4	_aEurope
690			_aPROPERTY-COMMERCIAL PROPERTY-COMMERCIAL PROPERTY MARKET
690			_aPROPERTY-COMMERCIAL PROPERTY-COMMERCIAL PROPERTY FINANCE AND INVESTMENT
690			_aPROPERTY-COMMERCIAL PROPERTY-LEISURE PROPERTY
856	4	0	_uhttps://www.eurohypo.com/ _zView this item free of charge at www.eurohypo.com (see real estate/research)...
942			_n0
999			_c107446 _d107446