
Commercial
World Cup revealed hotels’ reliance on rates
All 14 World Cup markets recorded higher revenue per available room than a year earlier
Caglar Demir is an associate director and senior economist at Moody’s Analytics, specializing in commercial real estate capital markets and hotel-sector research. With more than 10 years at Moody’s, he has expertise in credit, delinquency and loss modeling. He holds engineering and financial engineering degrees from Bilkent University and NYU.

All 14 World Cup markets recorded higher revenue per available room than a year earlier
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