Spring awakening

Last year the first signs appeared of the return of prosperity to the hotel market. Investors are seeing the potential of the sector again and have started choosing hotel projects for their portfolios. This is a result of improving performance indicators, signifying a reduction of risk for banks and investors. Moreover, the increasing professionalisation of the sector in the region is becoming more evident as more and more individual owners choose to join larger networks. Hotels offering recreational and spa services, condohotels and budget hotels designed to comply with international standards also have a rosy future ahead of them. But the acquisition of financing for the construction of new hotels remains a problem. Investors are preferring to put their capital into existing buildings. On the other hand, experts insist that the region continues to offer new opportunities in this field. However, you need to think carefully about the location and the character of the planned facility.