Savills: Hotel sales soar in first quarter of 2014

Property consultants, Savills, report that the value of hotel sales in the first quarter of 2014 is 150% higher than this time last year.

Savills: Hotel sales soar in first quarter of 2014
Mon, 31 Mar, 2014 - 09:10

Property consultants, Savills, report that the value of hotel sales in the first quarter of 2014 is 150% higher than this time last year.

A total of 13 hotels worth almost €85m were sold in the first three months of the year. This compares to a total of six, worth €34m, in Q1 2013.

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