The hotel market of the EMEA region is growing slowly

By: trademagazin Date: 2011. 11. 23. 11:59

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

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