The travel and tourism industry contributes 9.5% of gross domestic product (GDP) globally - An increase in global capital will lead to new and innovative property developments - 'Less is more' for growing bands of millennial and millennial-minded travelers
Look for transaction activity and even development to pick up across the board as investors seek out new opportunities in the global hospitality sector over the next 12 months according to EY’s Global Hospitality Insights 2014, released today.
A Europe-wide study by EY shows the hospitality sector plays a critical role in fighting youth unemployment and is essential for jobs and growth and the health of other sectors.
An overwhelming majority (83%) of hotel investors are optimistic about the mid-term future of the hospitality industry. That’s according to a survey of top hotel sector investors and operators polled at an Ernst & Young hospitality sector workshop held in London recently.
Hospitality market fundamentals look set to continue the recovery which started in 2011 in spite of continuing uncertainty and the prospect of further upheaval in the global and regional economies according to Ernst & Young’s latest Global Hospitality Insights report published today.
If what's keeping you up at night is the attempt to value either your company's current holdings of complex securities or those held by a potential acquisition target, you're not alone. Complex securities have become a fixture of corporate balance sheets, featured prominently in a range of situations from acquisitions to executive compensation packages. Companies need to understand what these securities are, their values and what drives them
Accelerated divestitures give companies a way to realize value from an underperforming investment or business within a compressed timeframe. Although financially sound companies have more time than those in distress to employ the best practices advisable for any sale, they must take care to negotiate the trade-offs between speed and valu
Today's volatile economic environment continues to change the way CDOs operate. Deal preparation has intensified and valuation protocols are being scrutinized. Innovation around deal structuring or financing has become essential.
Widespread anxiety around credit and liquidity continues to put a damper on transaction activity.
Hotel owners and management companies are accelerating efforts to fortify cash positions in a bid to survive the current downturn and to strategically position their businesses for mid-term and long-term growth, according to a survey by Ernst & Young LLP.