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Weak pound encouraging foreign investors to check out UK hotel opportunities

By Chris Day, global MD Christie & Co It has been more than a month since the EU referendum, and although many overseas investors intend to wait and see until better understanding of Britain s future after Brexit and further renegotiations are settled, many investors view this as a rare opportunity and seek any bargain given by a weakened British pound.

Among these investors, Chinese and Hong Kong investors are relatively active and have completed many transactions, both property and corporate, across the UK and the expected inbound tourism boom due to a sharply dropped currency has encouraged players into the UK hotel market.

Given the weakened currency rate and its reputation, it is clear that Asian investors continue to see UK as an attractive destination for the foreseeable future.

Weak pound encouraging foreign investors to check out UK hotel …

By Chris Day, global MD Christie & Co It has been more than a month since the EU referendum, and although many overseas investors intend to wait and see until better understanding of Britain s future after Brexit and further renegotiations are settled, many investors view this as a rare opportunity and seek any bargain given by a weakened British pound.