(External) Interview-Italy Hotel Property Investment Seen Rising
2003-05-08
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.
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