Business Services Industry
Hotels: little room for sentimentality.
Australasian Business Intelligence, June, 2009
Byline: Ben Wilmot
Jun 17, 2009 (The Australian Financial Review - ABIX via COMTEX) -- Research by HTL Capital Advisors indicates investor and financier sentiment towards Australia's hospitality sector has declined in the past year. In addition, approximately 53 per cent of respondents to an HTL survey indicated they consider hotels "less attractive" than other property. HTL MD, John Smith, says the majority of investors anticipate the hotel trading downturn will continue for up to two years.
Publication Date: 18 June 2009
HTL CAPITAL ADVISORS PTY LTD
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