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Global hotel volumes to jump 40pct in 2011: JLL Hotels

Posted on 01 December 2010

From Propertyeu.info: Following a strong recovery in 2010, global hotel transaction volume is set to increase by another 30-40% in 2011, according to initial results from Jones Lang LaSalle’s Hotel Investment Outlook 2011. This would mean a total volume of around $28-$30 bn (EUR 21.5-23 bn).
After ‘a very challenging year’ in 2009, which was characterised by frozen liquidity, stalled transactions and drastic drops in hotel performance and values in many hotel markets globally, 2010 signalled dramatic improvement and a fresh pace for opportunistic, cashed-up buyers, the adviser said……………………………………….Full Article: Source


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