Posts Tagged ‘recovery’

Baltic Rating Outlooks Raised by Moody’s on Recovery (Update1)
March 31 (Bloomberg) — The Baltic states of Latvia, Lithuania and Estonia, hit by the European Union’s steepest contractions last year, had their ratings outlooks raised by Moody’s Investors Service on faster-than-anticipated rebounds.

European hotels show signs of recovery | Deloitte Reports
Recent analysis by Deloitte, the business advisory firm, has found that recovery in European hotel performance is on the horizon. Demand has experienced an upturn since October 2009, before pushing into positive territory in December 2009 – up 4.2%. STR Global results for January 2010 also show a healthy 3.3% increase in the region against January 2009.