Investor confidence in the hospitality industry – and the wider global economy – continues to bounce back as lockdown restrictions and a rapid vaccination roll-out continue to make headway in the fight against Covid-19.
According to Questex’s latest quarterly Investor Sentiment Assessment, in partnership with ABP Invest, the proportion of investors who are “strongly positive” on the hospitality sector for the next 12 months has doubled from 11% to 22%, compared with the previous survey in Q4 in 2021. Just over three quarters of investors expect the investment sentiment to improve.
It’s a similar story in investor expectations for overall economic conditions in the coming twelve months. Investors expecting a “significant improvement” has doubled from 21% last quarter to 40% this time around.
“We are delighted with this fifth Quarterly assessment report, providing a unique insight within the hospitality industry, capturing investor sentiment and thought,” Thanos Papasavvas, founder and chief investment officer, ABP Invest, said.
“The shifting trends of investment opportunities, the yield expectations across investment types and the latest concerns on the industry (beyond economic uncertainty) are all valuable insights. Furthermore, a new question capturing a snapshot on ESG – who’s actually taking it seriously and who is paying lip service?”
To download a version of the report, please click here.