APRIL 2011 |
www.opp.org.uk Contents ON THE RECORD THIS MONTH...
“Too many developers fall in love with an idea. They will often have a vision for something in what they believe is a beautiful setting. But is the concept right? Is the location right? Will people travel there?” OMER ISVAN, SERVOTOL CORPORATION. HOTEL REPORT: PAGES 46-51
““I think the situation could possibly improve in Egypt, but we need to get everyone back here. I think a lot of people are waiting to see what happens. We’ve had a revolution, and this country hasn’t governed itself for 30 years, so we’re waiting to see who comes forward.” PETER MITRY, EGYPT REAL, HOTEL REPORT: PAGES 46-51
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EDITORIAL COMMENT Hotels need your help, but be careful
06-07 INDUSTRY NEWS Harlequin quashes rumours
08-09 INDUSTRY NEWS German market is booming
10 12 13 14 16 18 20 HOTEL REPORT. BUILDING THE DREAM (Pg 46-51)
The hotels and hospitality sector has been as equally hard hit by the recession as our own. A growing number of hoteliers are now looking to overseas property developers to help them get back on their feet, and a number of developments incorporating luxury hotels have been springing up around the world. The hotel industry’s new aversion to owning and building property has provided an opportunity for developers, but they must be careful. OPP reports from the IHIF conference in Berlin, and also looks at how the resort sector in Egypt has fared since the revolution. Are tourists and sales on the way back?
ALTERNATIVE INVESTMENTS: WINE MARKET SNAPSHOT: MALAYSIA 23
EVENTS NEWS Portugal putting its house in order
FINANCE NEWS Cypriot economy battered
DEVELOPER NEWS New regime to punish corrupt fi rms
FRACTIONAL NEWS US sales suff er massive fall
MEDIA NEWS Prepare your site for Google update
TRAVEL AND TOURISM NEWS New fl ights boost Portugal
PEOPLE: MOVERS & SHAKERS Who’s on the move in the property world?
RETIREMENT RULES Prepare your business for the changes
24-25 YOUR SHOUT - LETTERS AND BLOGS Cyprus’ reputation, and the path of progress
27 28
US VIEWPOINT Is ‘Foreclosure Nation’ really a good deal?
AIPP ADVICE Insurance cover is more vital than ever
30-31 DEVELOPMENT Margaret Wylde on avoiding costly mistakes
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LEGAL LESSONS Sort it out if you want to survive the recover
34-35 FUNDING FIGURES Mortgage data analysis from the experts
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39 | Even if your investment crashes and burns, you’ll have something nice to drown your sorrows with
OPP DIGITAL: MANAGING IN THE CLOUD
54 | All the facts on Malaysia, an economy which is industrialising and urbanising at a rapid rate
OPP AWARDS FOR EXCELLENCE 2010 43
ALTERNATIVE INVESTMENTS Could wine be liquid gold for investors?
FRACTIONAL FUTURE Make sure your buyers have a way out
MORTGAGE MATTERS To buy or not to buy?
44-45 SUSTAINABILITY Conferences call on green industries
46-51 HOTEL REPORT Whats happening with hotels and resorts?
54-55 MARKET SNAPSHOT - MALAYSIA All the data on this emerging economy
56-59 OPP AWARDS FOR EXCELLENCE 2010 Meet the Best Estate Agent and Lawyet
60-61 DIGITAL MEDIA Managing in the cloud
62-63 OPP TRADE DIRECTORY Contacts and opportunities
64-65 THE LAST WORD Why hotels want you to build for them
60 | Paul Wilkinson explores how new cloud-based technology is making managing global teams easier
56 | Find out who won the 2010 Best Estate Agent and Best Lawyer categories, and why the judges chose them
66
CAREERS SECTION Find your next job in OPP
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