26.09.2011 - European hotels return 6.9pct in 2010: IPD
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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