New figures from PwC show that total volume for transactions in the hotel sector in the first half of 2019 reached £2.6bn, down 35% on the same period last year. Full-year expectations are around c£5.1bn, down 28% on 2018. Whatever the outcome of Brexit, investor confidence is likely to be hit for some time and 2020 hotel transaction volumes are forecast at around £4.8bn.

They do however expect continued investment especially from Europe and the Far East, given the relative low value of the pound sterling.

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