Year to date through the first two months of 2022, the stock index increased 0.2%.
Global hotel values fall due to pandemic but recovery anticipated by 2025
Hotel values are not expected to make a full return to pre-pandemic levels until 2023-25 with some regions across the globe showing faster recovery than others.
Europe’s hotels see values fall by up to 15%
Sharp declines in revenue caused by the pandemic coupled with a more cautious approach to lending has prompted hotel valuations to fall.