Investor confidence in the hospitality sector moderated slightly in the third quarter as inflationary pressures and labour issues continued to threaten the industry.
A version of the report can be downloaded here.
"We were relieved to see Investor Sentiment coming off the extreme positive readings of last Quarter which had raised our concerns of potential complacency amongst investors. The sentiment remains firmly positive but cognisant of inflationary risks alongside labour shortages and higher wages which contain forward looking expectations. It is also worth noting that Institutional Investors have become relatively more upbeat in their assessment compared to other investors, having been more cautious until now," said report author Thanos Papasavvas, founder and chief investment officer, ABP Invest.