We are at people n places are looking at the outcome of U.K leaving European Union on the Ireland's Hotel
Ireland’s hotel industry is going through its biggest boom since the global economic downturn with a surge of new development and acquisitions by global investors, including cable industry pioneer John Malone and Russian billionaire Elena Baturina.
But the surprise vote by the U.K. to leave the European Union now raises questions about whether conditions in the hotel industry will remain rosy. Over 40% of the tourists that visit Ireland each year come from the U.K. and Northern Ireland, according to a research report by CBRE Group Inc. CBG -5.36 %
Ireland’s hotel industry is going through its biggest boom since the global economic downturn with a surge of new development and acquisitions by global investors, including cable industry pioneer John Malone and Russian billionaire Elena Baturina.
But the surprise vote by the U.K. to leave the European Union now raises questions about whether conditions in the hotel industry will remain rosy. Over 40% of the tourists that visit Ireland each year come from the U.K. and Northern Ireland, according to a research report by CBRE Group Inc. CBG -5.36 %
