Europe’s Hotel Sector Optimistic About Deal Flow in 2014

Hotel financing options in Europe are the best in years as investors seek better returns in a low interest rate environment and economies emerge from bruising recessions, according to this report from Reuters. Industry executives say lenders and investors now understand the sector better, seeing it more as a business investment than a straight property play, the article states. Hotel and leisure industry consultancy HVS London said total hotel transactions across Europe reached a value of 7.7 billion euros ($10.6 billion) in 2013, a 39 percent jump from 2012 but still well below the 18.8 billion seen in 2007. Jones Lang LaSalle expects global deal volume in the hotel industry of $50 billion this year—up 10 percent from 2013. Read more at Reuters.