|
| |
2008 market prediction
January 2008
It is expected that in 2008 we will see ongoing
participation in the top end of the Hotel market by the larger purchasers and to
lesser extent the stock market effected Funds and Public Listed entities keeping
this part of the Hotel market strong though yields will correct by an expected
1% point, being 8/9% for city freeholds and 9/10% for suburban and 11-12%
freehold for regional hotels and 13-14% for country freeholds. The corrections
in yields have been applied already.
Like in late 2007 the $1.5 to $4 million part of the market will remain soft in
interest, with expected increase in this sector by late February early March
2008, while the traditional Spring quarter will produce excellent results as it
did traditionally in 2004, 2005 and 2006.
John Williams
|
