Hotels
19 October 2020
The report indicates in April 2020, RevPAR for the whole Finnish hotel market was just 15%-20% of the previous year results. However, encouragingly in July for the entire country, except for the Helsinki Metropolitan Area (HMA), the metric had practically reached the previous ...
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Hotels
20 August 2020
Improving market KPI’s; still significantly behind last year’s performance
When analysing YTD June 2020 performance more closely, it appears that occupancy levels for the whole country have dropped significantly and are around 37% (-17%-points from last year), while ADR ha...
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Hotels
23 July 2020
Economic challenges triggered by Covid-19 have brought uncertainty into the tourism sector in particular, as well as to many investors. “With some very exciting transactions at the end of 2019, we expected a similarly positive trend in 2020, as there were some interesting hote...
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Hotels
02 July 2020
Despite the unprecedented crisis caused by the COVID-19 pandemic, and the uncertainty it creates for the tourism sector, Christie & Co wanted to publish the update of its report of urban destinations in Spain, which offers a positive vision of the industry, highlighting its s...
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Hotels
19 June 2020
During the hearing, she highlighted the need for a sector-specifice Recovery Plan, as well as further specific measures, such as new public credit lines and an extension of the Force Majeure Temporary Unemployment Scheme (ERTE) to help the sector alleviate the liquidity crisis...
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Hotels
03 March 2020
For 10 years in a row, demand records have been breaking every year and in 2019, hotels and B&Bs in the 6 largest German cities recorded another overall increase in overnight stays of almost 5%. However, the market is also constantly changing in terms of supply. “In 2019 alone...
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Hotels
25 February 2020
David Lloyd Leisure Group (DLL) is Europe's largest operator of family-oriented leisure and sports facilities for wellness and fitness. Founded over 35 years ago by former British tennis champion David Lloyd, the wellness and fitness group operates over 123 clubs throughout Eu...
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Hotels
21 February 2020
According to Christie & Co, the total hotel investment figure in Spain in 2019 was EUR 2,4 billion, almost half of the investment volume of 2018, with a total of 114 transacted assets (compared to the 223 registered in 2018). This decrease in transactional activity is explaine...
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Hotels
03 February 2020
The hostel concept first appeared during the German Youth Movement in the 1890s, but its commercial potential has only been recognised more recently. The European hostel market is still fragmented, but also fast evolving. Recent trends suggest that travellers increasingly seek...
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Hotels
29 January 2020
In the first quarter of 2019 several transactions have been completed. By the end of the second quarter, the transactional volume reached a value of EUR 360 million as a result, the second highest level ever recorded, which was EUR 440 million in the first half of 2016. Howeve...
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