Resilience & Revival: EMEA Hotels in a World of Contrasts - Whitebridge H1 2023 Report ...Middle East

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Resilience & Revival: EMEA Hotels in a World of Contrasts - Whitebridge H1 2023 Report
This funny old world had more shocks for us in H1 2023. Inflation reached new peaks and interest rates followed in its wake. Uncertainties in relation to the situation in Ukraine and the ripples therefrom remain. Today, financing a deal is proving challenging and such headwinds mean transaction volumes have slowed dramatically. And yet, hotel performance levels are shooting out the lights in many markets, proving that international travel is resilient and people are determined to go and have fun. Long may this continue and performance levels grow.

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