Asian Family Money to Rescue the Regional Hotel Industry
Predictions made at the recently held Hotel Investment Conference Asia Pacific (HICAP) in Singapore indicate an emerging trend with Asian family money filling in the vacuum left by the flight of international funds from the region’s hospitality market. Most hotel transactions are to be rewritten across the region with this source coming in the wake of a mountain of debt accrued from massive development in 2008, and with most of these debts expiring between 2009 and 2012.The debts have in turn pu
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