Economy
Occupancy levels recover faster than expected in H1
The transactional market remained active mostly during Q1 of 2022, but the war in Ukraine and growing economic uncertainty reportedly started to impact transactional volume during Q2
Occupancy levels across have recovered at a much quicker rate than anticipated in the first half of 2022, nearing 2019 levels in most markets since May 2022, according to Christie and Co, which has launched its ‘Hotels: 2022 Mid-Year Review’.
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