Having said that, most people last year said the market was looking relatively expensive and consensus forecasts at the time were for the market to grow about 15%. In the end, we saw 47% growth. |
To me, the market is starting to look relatively expensive (and) we can expect some form of consolidation at some point in the future, as the market does not just keep going in one direction forever. |
With the increase in travel expected over the next few years, plus groups of sports fans needing a home from home for the soccer World Cup, this is sure to be a winner. |