With the Middle Eastern investment community maturing and the Chinese economy showing constraints, expect to see an impressive influx of Asian capital flowing through Europe.
Investors are expected to pump more money into buying, converting or building hotels in 2015 than in any year since the start of the global financial crisis, with a focus on budget and ’buzz’.
With Accor buying 97 of its managed hotels, continental portfolios being snapped up and rumors of IHG rejecting a $10-billion takeover bid, European investment is reaching new heights.
Dalian Wanda Group, the world"s largest movie theater owner, is looking into hotel acquisition opportunities in the US, its chairman said Monday.