http://www.hotelanalyst.co.uk/ en-uk http://www.hotelanalyst.co.uk/weekly_articles/article/3222/ Sovereign debt rather than banking collapses are the new worries for global investors. For hotel investors the scare should be a welcome reminder that country risk remains. But right now, the risk does not appear to be with the usual suspects - emerging markets - but rather with indebted industrialised countries.<br><a href="http://www.hotelanalyst.co.uk/weekly_articles/article/3222/">View Article</a> Site admin 01 January 1970 http://www.hotelanalyst.co.uk/weekly_articles/article/3223/ Accor last week laid out its plans for spinning-off its voucher business and further fleshed out its hotel strategy. The asset right strategy looks compelling but the company has a challenge convincing investors how this is different to an asset light strategy. After all, stock markets are still failing to recognise the separation between strict managers of hotels, like Marriott and InterContinental, and owner operators, like Hyatt and Starwood. <br><a href="http://www.hotelanalyst.co.uk/weekly_articles/article/3223/">View Article</a> Site admin 01 January 1970 http://www.hotelanalyst.co.uk/weekly_articles/article/3224/ The 2001 to 2003 downturn saw online travel companies hugely advance their market share in the hotel space. The big brands responded and prevented OTCs commoditising their offer. During this recession, OTCs have again grown strongly, albeit with unbranded or weakly branded product. And the OTCs reckon that the coming recovery will not see power regained by these hotels as they are locked in to agency contracts.<br><a href="http://www.hotelanalyst.co.uk/weekly_articles/article/3224/">View Article</a> Site admin 01 January 1970 http://www.hotelanalyst.co.uk/weekly_articles/article/3225/ Since the start of this year the outlook for hotel real estate has started to look a lot rosier. Values have proved remarkably robust given the depth of the economic downturn and now, at least in some markets, values are beginning to climb again. And the big hotel owning companies are sounding increasingly optimistic about the recovery prospects ahead, even if they still caveat any forecasts with warnings of significant risks. And it is arguably luxury hotels with the most to gain from the recovery. <br><a href="http://www.hotelanalyst.co.uk/weekly_articles/article/3225/">View Article</a> Site admin 01 January 1970