Following a strong recovery in 2010, global hotel transaction volume is set to increase by another 30-40% in 2011, according to initial results from Jones Lang LaSalle's Hotel Investment Outlook 2011. This would mean a total volume of around $28-$30 bn (EUR 21.5-23 bn).
Private real estate holding Global Holdings Group has acquired mixed-use asset 10 Great Pulteney Street from fashion retailer Boohoo.
