This optimism is fueled by accelerating capital markets, favorable supply and demand balances and strong investor appetites.
Even amid geopolitical instability, the emergence of new health concerns and stagnant economic growth in certain regions, the global hospitality industry thrives in a cycle of accelerating growth, and optimism prevails in most markets.
Over the next 12 months, further gains are anticipated. Major industry players are seeking to strategically deploy and optimize their capital investments, and strong investor appetites, coupled with the availability of flexible and creative capital sources, will fuel demand for hotel acquisitions.
Furthermore, the continued increase in cross-border capital flows will intensify competition in gateway markets among traditional financial investors, presenting new financial and tax implications for both domestic and foreign investors.
Source : Ernst & Young (www.ey.com)
The above is an extract of the original article available at: 4hoteliers