• US value recovery to gain momentum in 2011

Hotel values in the US are expected to see a "healthy recovery" this year, according to the 2010 US Hotel Valuation Index from HVS.

By 2012, hotel values are expected to recover to 2006 levels and continue to increase from that point. Steve Rushmore, president and founder of HVS, said: "This recovery will gather momentum in subsequent years, eventually achieving substantial levels between 2011 and 2013, attributable to the limited potential for overbuilding and to recovering revpar fundamentals."

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