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Article: Hotel sector reaps the rewards of Middle Eastern investment.(Brief Article)
- Article from:
- The Middle East
- Article date:
- August 1, 2005
CopyrightCOPYRIGHT 2005 IC Publications Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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There has been a marked increase in Middle Eastern property investors acquiring assets in Europe. In 2004 there was close to $500m worth of Middle Eastern capital invested in hotel real estate in Europe.
Whilst the Middle Eastern market is hotter than ever with its extensive domestic development--fuelled by strong regional economies, ...
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