Economy
EMEA sector has ‘turned a corner’ as it nears pre-Covid levels, says JLL
JLL recommends investors and hoteliers focus capital expenditure on improving the physical product, such as renovating rooms, in response to the high number of new hotels entering the European market
The EMEA hotel sector has “turned a corner” and performance is nearing pre-pandemic levels, with the UK, UAE and Qatar all predicted to post higher REVPAR than in 2019, according to real estate consultancy JLL.
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