Hotel investors are choosing to hold onto assets as they wait for better conditions to emerge and greater consensus about pricing, according to the latest Hotel Investor Sentiment Survey (HISS) from Jones Lang LaSalle Hotels. There are some exceptions, however, including Dublin, Lisbon and the Spanish resorts. These locations have been hit harder by the recession and investors are now keen to cut their losses and sell as any upside from a recovery appears too distant.
Premium subscriber content – please log in to read more or take a free trial.
