Glasgow's hosting of international events has increased its global exposure and led to the development of a cosmopolitan hotel pipeline, which is in itself a sign of greater investor confidence in Scotland's second city.
The 2011 European Hotel Valuation Index tracks trends in upscale hotel values in 33 key European markets. 2010 was a year of recovery for the hotel sector: average hotel values per room across Europe, measured in euro, increased by 1.5%.