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European hotels return 6.9pct in 2010: IPD

Posted on 26 September 2011

The European hotel property sector returned 6.9% last year, compared to returns of 14.9% reported in the UK, according to the recently-launched IPD European Hotel Performance Report, which is sponsored by Jones Lang LaSalle Hotels, Invesco Real Estate and HVS.
Capital growth was 1.3%, while income return was 5.5% in 2010……………………………………….Full Article: Source

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