Number of hotel deals is expected to increase in 2013

03/8/2013 | Reuters

The number of hotel transactions in Europe was down 21% in 2012 versus 2011, but the number of deals is expected to rise this year thanks to better financing opportunities. "There are early signs that this will be the strongest hotel-transaction year since before the crisis," said Frits van Paasschen, Starwood Hotels and Resorts Worldwide CEO and president.

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