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Hospitality Industry News |
Saturday July 4th, 2009 |
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(External) Interview-Italy Hotel Property Investment Seen Rising |
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LONDON, May 8 (Reuters) - Investment in the Italian hotel property sector, the second largest in the world after the U.S., is set for significant expansion, real estate services company Jones Lang LaSalle said. |
"International investment has previously been restrained by many barriers, including the limited range of investment vehicles and the nature of a market that is dominated by family-run businesses, resulting in a dearth of suitable hotels for sale," Roberto Galano, senior vice-president at Jones Lang LaSalle Hotels, told Reuters in an interview.
External Source - For the complete article click here
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