PropertyEU

Hotel sales plummet in H1 2008

By A staff reporter 2008-08-01T00:00:00

The volume of global hotel sales plummeted in the first six months of this year, declining 76% on the bumper period a year ago. Yet $13.9bn (just under EUR 9bn worth) of hotel properties were traded in the first half of this year despite the continuing credit crunch, according to ...

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