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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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17 October 2019

Hotel Market Vienna: Continuous growth in demand on the Danube

Vienna is one of the most popular leisure destinations in Europe due to its numerous sights, such as the UNESCO World Heritage listed city centre and Schönbrunn Palace. At the same time, the city attracts business travellers looking to attend one of the many internationally im...

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Hotels 26 September 2019

Record result: Hotel investment volume in Austria cracks the billion mark for the first time

“It's been eventful months lately. Shortly after we published our half-year report, several other transactions were announced or concluded, including the sale of the Hilton Hotel Vienna am Stadtpark, which, as the largest single transaction, had a significant impact on volume...

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Hotels 25 September 2019

Hotel Market Bucharest: Upward trends reveal market potential

Bucharest is Romania’s cultural and political centre, as well as economical and financial driving force, currently contributing approximately 30% to the country’s GDP. Hotel demand predominantly stems from business travel which is linked to the activity of the governmental ins...

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23 July 2019

2 hotels in Germany for sale as part of pan-european portfolio through Christie & Co

The portfolio comprises 8 assets situated in desirable locations throughout Germany, the UK, the Netherlands, Spain, and Italy, including key cities such as Berlin and Turin. With assets all located in proximity to a city centre or on a major motorway route and operating under...

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Hotels 11 July 2019

Hotel Investment Market Austria H1 2019: Investment volume increased significantly again

“The result lies thereby only slightly behind the record year 2016 in the amount of both individual transactions and total volume. Furthermore, the transaction volume of 350 million euro is only marginally behind the whole year 2018, in which 420 million euro were generated in...

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Hotels 04 July 2019

Hotel Market Prague: Positive Sentiment in a contested environment

The Czech capital is the country’s cultural, financial and political centre. According to “Condé Nast Traveler”, the city is among the most beautiful in Europe. A majority of demand stems from leisure guests, which are attracted by the city’s picturesque landmarks including th...

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19 June 2019

Christie & Co celebrates 20th anniversary in Germany

The company was established by George Christie, James Owen and Nick Davies in London’s Baker Street in May 1935 and the first international office opened in Paris in 1998, followed by the Frankfurt office in 1999. Today Christie & Co employs some 280 experts and maintains 30 b...

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Hotels 27 May 2019

Christie & Co and ÖRAG Immobilien conclude sale of the "Meininger Hotel Salzburg City Center" for CA

The property of sale comprises hotel, retail, office and storage areas, whereas the 3-star hotel with around 100 rooms covers 3,640sqm making up more than half of the property. Both the central location in the city of Mozart and a direct connection to the “Zentrum im Berg” sho...

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Hotels 03 May 2019

Christie & Co publishes Report on the Portuguese Hotel Market

Portugal has experienced remarkable tourism growth in recent years, reaching more than 12.7 million arrivals of international tourists in 2018. Demand has experienced an accumulated growth of 3.7% between 2016 and 2018, driven both by the domestic (+4.7%) and international (+3...

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Hotels 18 March 2019

German Hotel Market 2018: Continued demand leads to strong pipelines

The German hotel market has been flourishing for years and the report shows that for the ninth consecutive year, overnight numbers have increased on the previous year. However, not all cities performed as strongly as others – who won last year’s performance race and who will n...

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