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Press Releases

Listed below are the press releases that we have issued during the last month. They are listed in date order with the most recent first.

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Hotels 18 January 2021

Christie & Co sold hotel Pichlarn castle to Salzburg hotelier Georg Imlauer

After about 13 years of ownership, the German Schörghuber Group sold the castle hotel in Styria to the experienced Austrian hotelier Georg Imlauer. With this purchase, Imlauer is adding the first typical leisure hotel to his existing portfolio of city hotels and restaurants in...

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Hotels 11 January 2021

Hotel Investment Market Austria: Unsurprisingly weak year 2020 with a conciliatory finish

The effects of Covid-19 on the hotel industry and the hotel real estate sector cannot be denied. “Particularly in the first half of 2020, there was a deep uncertainty on the market and among investors,” says Simon Kronberger , Director Austria & CEE at Christie & Co. Since Ap...

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Hotels 20 November 2020

Extendam and Catella Hospitality Europe acquire the largest Holiday Inn Hotel in France through Chri

Ideally located at the gates of Paris, near the newly built Judicial Court in the 17th arrondissement, the Holiday Inn Paris - Porte de Clichy is a mid-range business hotel with 262 rooms, and one of the largest hotels in the Paris area. The hotel was acquired with a value adj...

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Hotels 19 October 2020

Summer performance in Finland's regional hotel markets reaches close to pre-Covid-19 pandemic levels

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

Hotel Market Finland – YTD June 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

Hotel Investment Market Austria: After a significant decrease of transactions caused by Covid-19 in

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

Christie & Co launches new report: "Spanish Urban Destinations 2019"

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

Inmaculada Ranera explains her vision of the future of the hotel sector at the Spanish congress of t

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

Hotel Market Germany 2019: Increasing competitive pressure despite record demand

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

Christie & Co support David Lloyd Leisure in German expansion

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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