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January 2021

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Hotels 27 January 2021

Christie & Co launches Business Outlook 2021 report

The report notes the sector’s different impacts of COVID-19 on the hotel market in Germany, Austria and CEE countries. In 2020, with the first lockdown in March, business owners were faced with the challenge of stabilising the performance of their hotel or making the strategic...

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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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