Business leaders from across the city were given an in-depth analysis of specialist sectors including healthcare, automotive and hotels at the latest Business Breakfast organised by Colliers International.
Associate Director Ben Jones welcomed invited guests from across the business spectrum to the Broad Quay HQ for a detailed breakdown on six of Colliers International’s fifteen specialist teams.
Ben Jones said: “The briefing cantered through a variety of specialist sectors including hotels, healthcare, caravan parks, licensed & leisure and automotive & roadside. The audience was provided with up-to-minute commentary on trading performance, tied to the transactional market and capital values.
“Whilst these sectors are some way adrift from their heydays, there is positivity in each and the best professional advice is key to achieving the strongest outcome. The briefing underlined the extensive breadth and depth of specialist sector knowledge that is unique to Colliers’ Bristol office.“
Colliers International’s Director of Research and Forecasting Dr Walter Boettcher said although the six sectors were fairly unique they were all heavily dependent on discretionary spending and were sensitive to perceptions of value.
“Discretionary spending is linked to confidence and this was looking pretty dismal last year but improved dramatically December-February.”
He said: “Real household disposable income had fallen for a record six consecutive quarters. There is not much fat left over for discretionary spending items.”
However, Dr Boettcher said they were seeing some signs of traction in the economy in the second half of 2012 with profitability stabilising across most sectors.
