EMEA hotel market increased by 85 percent in the first half of 2015
Hotel investment volumes increased by 85 percent in the first half 2015, in the EMEA region (Europe, the Middle East and Africa), compared to the same period of 2014.
The largest increase occured in the United Kingdom, where the total investment value increased by 172 percent, respectively. It seems that the Greek crisis will not deter the investors from the region. According to the JLL's Hotel & Hospitality team’s semi-annual survey the hotel investments in 2015 will break a record in Europe, in the Middle East and Africa (EMEA).
The EMEA hotel investment volume in the sector was 13.2 billion euros in the first half of the year, showing a 85 percent increase, compared to the same period of 2014. (portfolio.hu)
Related news
One-fifth of Hungarians aren’t careful enough when shopping online
Nearly three quarters of Hungarians regularly shop and pay online…
Read more >MPL decree won’t disrupt the delivery market
From 28 March 2024 online shops are obliged to also…
Read more >Demand for sustainable cosmetics is little in Germany
When it comes to the sustainability of cosmetic products, German…
Read more >Related news
They are starting it early
Schoolchildren can learn good nutrition from their peers, thanks to…
Read more >