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Number of matching Press Releases found: 140

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

Finland. While the global hotel sector has been hard-hit by the Covid-19 pandemic, with Finland’s hotel mar-ket being no exception, the country has demonstrated some real positive trends this summer. In July 2020, RevPAR for the Finnish hotel market, except the Helsinki Metropolitan Area, had practically reached pre COVID-19 pandemic levels, which was 97% in 2019, according to the latest report by specialist business property adviser, Christie & Co.

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Hotel Market Finland – YTD June 2020

The overall picture remains somewhat unclear: in June 2020, around 20% of the previous year’s hotel capacity across the whole country remained closed due to lower demand. However, in the Helsinki Metropolitan Area (HMA), where a larger proportion of the demand is driven through corporate clients and international visitation, this figure hovered around 50%.

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Hotel Investment Market Austria: After a significant decrease of transactions caused by Covid-19 in H1 2020, more activity could follow in the second half of the year

Vienna. As expected, the volume of hotel transactions in the first half of 2020 had declined significantly due to the effects of Covid-19 on the hotel industry and the real estate sector. After a record year in 2019, with a transaction volume of around EUR 1.25 billion, the second quarter of 2020 was marked by stagnation. This could already change in the second half of the year, forecasts hotel real estate expert Christie & Co.

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

Specialist business property adviser, Christie & Co, has published its new report “Spanish Urban Destinations 2019”, focused on the 15 most relevant Spanish urban destinations.

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

Inmaculada Ranera, Christie & Co Managing Director for Spain and Portugal, appeared last Friday, June 12th before the Committee on Industry, Trade and Tourism of the Congress of Deputies, to present her vision on the present and future of the sector in Spain.

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Hotel Market Germany 2019: Increasing competitive pressure despite record demand

Berlin/Frankfurt/Munich. Record. Once again, hotels and B&Bs in the largest German city destinations reg-istered a demand increase. Simultaneously, however, the revenue per available room declined in 3 of these cities in 2019. Hotel real estate specialist Christie & Co reviews an eventful year in Germany's 6 key hotel markets Berlin, Munich, Frankfurt, Hamburg, Cologne and Dusseldorf.

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Christie & Co support David Lloyd Leisure in German expansion

After the opening of its first German health club in Bad Homburg and the acquisition of 8 Meridian Spas at the start of 2020, David Lloyd Leisure Group has retained leading specialist business property advisor Christie & Co to head the search for suitable development land and development opportunities, as well as appropriate existing health club businesses in Germany.

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Hotel Investment Market in Spain 2019 reached EUR 2,4 billion, led by the urban sector

International hotel property adviser, Christie & Co, has published its new hotel investment overview for 2019, which highlights the limited offer in hotel portfolios, as well as substantial changes in both the origin of the capital invested and the typology of the assets. Investment in resort destinations has stabilized, with a significant increase in interest in urban destinations.

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Europe's Triangle: Vienna, Prague and Budapest hostel markets report healthy growth

Vienna. Specialist business property advisor, Christie & Co recently launched their new report focusing on the hostel markets in Vienna, Prague and Budapest. The report shows an overview of the business model itself, key characteristics, the evolution of the hostel concept and gives a deeper insight of the mentioned markets: Vienna, Prague and Budapest, in terms of demand, supply and especially branded supply.

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Hotel Investment Market Austria: Record-breaking transaction volume in 2019

Vienna. In 2019 the Austrian hotel market achieved a record result in terms of the total volume of hotel transactions. In September, for the first time in history, transactional volumes reached a value of EUR 1 billion and by the end of the year totalled EUR 1.26 billion, 40% higher than the previous record reported by specialist business property advisor, Christie & Co in 2016. Demand for hotel properties in Austria remains unbroken.

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