Covid-19: Savills UK Hotel Insights Vol 9 (as of 6 April 2021)
"Extensions to business rates holidays, reduced hospitality VAT rates and CJRS are likely to mitigate some of the headwinds over the summer months"
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"Extensions to business rates holidays, reduced hospitality VAT rates and CJRS are likely to mitigate some of the headwinds over the summer months"
"The upcoming “Espresso Shots” will provide an overview on tourism in seaside towns Ho Tram and Long Hai in Ba Ria – Vung Tau."
"The current difficult circumstances serve as a strong catalyst for the emergence of new trends and distressed opportunities. There are numerous keen investors on the lookout for such distressed assets, and therefore opportunities are unlikely to be as abundant as one might hope."
"Fiscal support packages continue to provide vital relief for UK hotels"
"There is some hope for domestic tourism with increased funding from the “Go To” Travel campaign and extra savings from self-quarantine. Increasing bankruptcy fi gures and a substantially lower supply pipeline should prove favourable for operators who can weather the storm. "
"Sale and leaseback can be a win-win situation for both landlord and tenant."
"Overnight tourism spend is expected to almost double this year."
"Stronger temporary restrictions now coupled with the vaccine rollout could mean that UK hotels are tipped for a busy summertime"
"We're pleased to present an overview of the year that was and a look forward to 2021 across the Queensland property market."
"Positive vaccine trials to boost hotel sector"