Thursday, March 13, 2014

IHIF 2014: Optimism Returning to the Global Hotel Industry

Optimism about hotel development, financing and property values prevailed among the 2,000 delegates from 73 countries who attended the 17th annual International Hotel Investment Forum (IHIF) , which took place last week at the InterContinental Berlin.
The positive tone was reflected in presentations by 200 speakers during the three-day event. 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.
Kerry Gumas, president & CEO of Questex Media Group, the conference's producer, summed up the mood among Berlin attendees – from economists to global CEOs and at panel discussions and networking sessions – as "confidence returning to the sector."
He observed than more than 25 percent of the delegates were chairmen or chief executives of their companies, demonstrating that IHIF "brings together the leadership of the industry."

To read full article, click here

Creative Financial Staffing (CFS) is the nation’s largest, privately-held accounting and financial staffing firm. We provide qualified accounting and finance professionals on a temporary and permanent basis across a broad range of industries.

Visit our website:

Click here to locate and contact a CFS office near you