Hotels
Jeremy Hill
Director and Head of Hotels
-18.4
0.1
13.1
6.1
10.8
-
-19.5
Hotels
2005
2006 2007
2008 2009 2010
2011
5.1%
movement in
average prices
14
Business Outlook
2012
“
The market dynamic in the hotel
sector changed quarter-by-quarter
through 2011 – from hope and
increased activity early in the year
to uncertainty and confusion by
year-end. Significant deals did take
place in a transactional market
dominated by distress all across
Europe, while London again led
trading performance. The year to
come could provide a windfall for
cash buyers in an increasingly
‘
come-and-buy-me’ marketplace
in which the availability of cash
in a debt-scarce environment
will again be the most crucial
influencing factor.”
