‘Strong rebound’ forecast

Delano

The boutique hotel sector was expected to make a strong rebound “when consumers feel confident”, according to Horwath HTL.

The company said that, long term, it expected hotels to continue to be a strong asset class, “not least of which because the alternatives specifically retail and commercial office space will continue to be under pressure post pandemic as consumers and businesses have fundamentally changed how they shop and whether or not they need to be in an office”.

The company w

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