Confidence returning to global hotel industry, say experts

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Optimism about hotel development, financing and property values prevailed among the 2000 delegates from 73 countries who attended the 17th annual International Hotel Investment Forum (IHIF), which took place in March at the InterContinental Berlin.

Kerry Gumas, president & CEO of Questex Media Group and the conference’s producer, summed up the mood among Berlin attendees as “confidence returning to the sector”.

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There was consensus that property values are increasing, banks are more willing to lend at sensible loan-to-value ratios and substantial growth in the Asia Pacific region will continue to dominate the development agenda.

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