
Alongside hotel development which is propitious to creating a new hotel supply, and in addition to the capital invested to maintain and renovate existing properties, the acquisition of existing assets mobilizes sometimes impressive sums that are fundamental to hotel investment.
During the heyday of the hotel boom, 2006 to 2008, the volume of transactions worldwide annually surpassed 20, or 25 billion dollars. The financial crisis of 2009 cooled the enthusiasm of investors and returned order to a market that was under the influence of easy money provided by greedy bankers...
This content is for subscribers only. You have 80% left to discover.
Every week, the HON team brings you an expert look at the world of hospitality.
By becoming a member, you will have access to a complete ecosystem: exclusive content, jobs, etc.
BECOME A MEMBERAlready a member ? Login