Rise in global hotel transactions expected in 2010

12/14/2009 | Financial Times (tiered subscription model)

The value of global hotel investment sales in 2009 is forecast to drop by as much as 64% compared with 2008, to just $9 billion, down from $24.8 billion in 2008. An upswing of as much as $13 billion is estimated for 2010, however, with the trade of single hotel assets expected in the $100 million range.

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