LOOKING FOR RAYS OF SUNSHINE

摘要

Save for a handful of robust gateway markets, hotel industry recovery in most parts of Europe the Middle East and Africa (EMEA) is a good ways away. New project starts are at a trickle in most markets, due both to difficult financing and questionable demand fundamentals. The news is not all dire, however, as London and Paris remain impregnable powers, while Dubai is showing renewed strength and Turkey is emerging as a hotspot. But overall, optimism for the EMEA hotel industry is hard to find.