1 Sept 2011

UK Pub Sales News: Hotels present good investment opportunities

ndividuals wanting to invest in hotels for sale might be interested in comments made by IPINGlobal.com.

Researcher Peter Mindenhall noted: "The hotel industry has reported strong growth in recent months; the major hotel chains are expanding.

"As a result, much of their development is now being funded by private equity rather than by the banks - presenting opportunities for private investors to capitalise in areas where the banks are no longer prepared to."

Student accommodation in London is another area of the property market currently presenting opportunities.

"Where traditionally houses would be converted to accommodate students near universities, this is becoming less cost effective when compared to the value and quality that a managed new development can offer," Mr Mindenhall added.

Steve Oliver of Paramount Investments said he agreed with the findings.

"Boutique hotels are in demand as are the cheaper budget hotels. Travelodge and Premier Inn are continuing with their expansion," he noted.

His remarks came after research from Jones Lang LaSalle found that hotel investment volumes in Europe, the Middle East and Africa reached £2.97 billion in the first six months of this year, up 73 per cent from the same time in 2010.

UK Pub Sales News
 

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Posted via email from UK Pubs For Sale And Development

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