Insight into the dynamics of the tourism & hotel industries of Portugal, Italy, Greece & Spain
The southern European countries of Portugal, Italy, Greece and Spain in particular have endured severe economic pain following the financial crisis, resulting in a downturn in all sectors, including tourism and hospitality. However, with an improving hotel trading outlook, they may be about to reach a turning point which will make them a focus of investment activity in the next few years.
Christie + Co complete over £600m of hotel deals in 2014
Confidence is returning to the sector, driven by economic recovery, low interest rates and a surge in buyer demand from operators and high net worth individuals.