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Avington Financial launching a hotel buyout fund called Avingstone – has the luxury hotel market reached a bottom?

HOSPITALITY BECKONS – Canadian duo David Mongeau and Piers Talalla are calling the bottom of the European luxury hotels market (The Globe and Mail)
www.theglobeandmail.com/report-on-business/hospitality-beckons/article1337893/

‘PKF Forecasts More Guests in 2010 (With a Catch)’ – Hotel News Resource

PKF Hospitality Research (PKF-HR) today announced that, according to an advance release of the September 2009 edition of Hotel Horizons(R), nine consecutive quarters of declining lodging demand will come to an end in the second quarter of 2010.   ‘With the budgeting process underway at hotels around the U.S., the recovery of lodging demand is an [...]