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European outlook for 2012 by Horwath HTL for The Hotel Yearbook

Synopsis

According to HORWATH HTL, 2012 will be a year of uneven recovery across Europe – unless the financial, fiscal and Euro crisis worsens substantially, in which case all bets are off. To get an idea of the outlook in key markets across the continent, The Hotel Yearbook asked 11 different offices of Horwath’s international network to contribute their professional assessment of where we are and where we are going.