Not so faulty towers

A few months ago it seemed that a hotel boom was just around the corner, but investors have now abandoned hope in the knowledge that the market has cooled down. On the other hand, such a large country shouldn’t be afraid, since crises do come to an end A large number of specialists met at Warsaw’s InterContinental Hotel on the afternoon of June 3rd, and the new half-day format proved to be a success.Jean-François Laporte, associate director of CB Richard Ellis Hotels, Central and Eastern Europe, was the first to take the floor. The dilemma he faced was whether to reveal the secrets of successful specialist investment. In his opening remarks he made it quite clear that it is not exactly good business to give away secrets, but he later took the sting out of his remarks by stating that market values across the entire region of Central and Eastern Europe have fallen by 30-50 pct and it will take another 5 years for prices to stabilize.The speakers for the first panel, &#8216