Bank Sales Will Dominate EMEA Hotel Investment Market in 2011

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by Jones Lang LaSalle Hotels

Driven by bank sales, hotel investment volumes are expected to remain stable across EMEA during 2011 with €8.3 billion worth of deals forecast for the year, up 18% per cent on preliminary volumes recorded for 2010 (€7 billion), according to Jones Lang LaSalle Hotels’ latest Hotel Investment Outlook report. Jones Lang LaSalle Hotels anticipates that investment activity will be strongest in highly-leveraged markets such as the UK and Ireland.

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The Next Wave of European Online Travel Growth

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by PhocusWright

The European online travel market is expected to grow 10% in 2011, led by solid double-digit gains in countries that have been slower to adopt online booking channels in the past, according to PhoCusWright’s European Online Travel Overview Sixth Edition.. Despite their dramatically different economic circumstances in the aftermath of the global recession, Spanish and German online travel bookings are projected to top other key European markets with increases of 14% and 13%, respectively, in 2011.

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Flight Search Site Skyscanner Reports Rapid Growth in Key Overseas markets

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breakingtravelnews.com
31/1/2011

Russian market grows by 328%; Skyscanner achieves number one position in both Russia and Italy

Leading flight search site Skyscanner today announced 70% year on year growth in revenue for the last quarter of 2010.

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Global CWT Study Highlights what's Important for 2011

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travelmole.com
25/1/2011

Improving traveller compliance, optimising online adoption, driving air and ground transportation savings, and optimising hotel spend are travel buyers’ top priorities overall for 2011, according to an annual client survey conducted by Carlson Wagonlit Travel (CWT).

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New Ernst & Young Report Indicates 2011 will see Reawakening of Hospitality Sector

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hotel-online.com
24/1/2011

According to a report released today by Ernst & Young, a series of financial, operational, demographic and regulatory trends suggest that global hospitality markets will see more robust, broad-based growth by the end of this year.

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