The hotel market of the EMEA region is growing slowly

This year's changes in ownership at the InterContinental Hotel and the Four Seasons hotel indicates that the “dark period of the Budapest hotel market is over.” – said Benjamin Perez-Ellischewitz, investment manager of Jones Lang LaSalle's Hungarian office.

The hotel market in the EMEA (Europe, Middle East and Africa) region is slowing down, but increases further. In twenty (54%) of the 37 examined cities the investment volume is expected to show growth in short terms, but in the next two years this number increases to 30 cities (81%) – writes ingatlanmenedzser.hu.