This week, the economic news has been full of gloomy reflections on a very difficult quarter for financial markets. In Q3, stock prices have slumped by around 10% in the developed world and faster still in emerging markets, the sharpest falls in 4 years. Underlying this is evidence of a sharp slowdown in China’s real […]
Global transactional volumes continued their period of growth in the second quarter growing by 9% over the first half of this year. At half year transactional activity stands at US$333 billion almost 50% up on the same period just two years ago, demonstrating the attraction of real assets in this current cycle. The longer this […]
I departed from Munich with 15 cm of new snow and landed in warm, sunny Istanbul last Monday. Contrary to my expectations, Istanbul was unusually quiet upon my arrival and I was welcomed with spectacular fireworks. I later found out that the fireworks were less in my honour and more due to the Turkish Independence […]
Almost 300 days down on being CEO Continental Europe, I experienced a somewhat different side to European efficiency this week. As a speaker at the RHIC (Russian Hotel Investment Conference), one is initially faced by the challenges of getting a visa for Russia (luckily they still tolerate my presence there, one of my panelists at […]
With the Olympics fast approaching, we are excited to report that London continues to have one of Europe’s best performing and most robust hotel markets. STR Global have confirmed that for the first five months of 2012, despite the market adding 2,000 rooms to its available supply, revenue per available room (RevPAR) was up by 3.1 […]
