The designs presented in this volume offer a wide and varied vision of the latest trends in bar and restaurant design, selected from the most cutting-edge, wining-and-dining hotspots in the world. With ...
The volume of U.S. hotel transactions for the first six months of 2008 declined 81 percent from the same period in 2007, reaching $6 billion, according to Jones Lang LaSalle Hotels' proprietary database, which tracks transactions $10 million and above. The first quarter 2008 transaction volume was relatively stronger at $3.4 billion, whereas the second quarter saw just $2.6 billion in deal closings. Real estate investment trusts were the largest net buyer of hotel assets, reflecting a shift from debt-driven transactions to more traditional real estate investment deals. "Illiquid debt markets and economic uncertainty have U.S. investors generally taking a wait-and-see approach," says Arthur Adler, managing director and ceo-Americas for Jones Lang LaSalle Hotels.
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