Hotel Market Insights: Insolvency & Transactions Outlook
"Fiscal support packages continue to provide vital relief for UK hotels"
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"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. "
"Stronger temporary restrictions now coupled with the vaccine rollout could mean that UK hotels are tipped for a busy summertime"
"Regional performance has been tepid due to the absence of big players, but some markets are showing signs of improvement."
"Positive vaccine trials to boost hotel sector"
"Covid-19 has adversely impacted investment volumes, however, pricing shifts have begun opening attractive investment opportunities"
"Whilst various temporary lockdowns have put the brakes on recovery momentarily, domestic demand, on the whole, has been driving the broader recovery across much of the European hotel market in recent months"
"The branded residences sector has experienced an extraordinary decade of growth, with the number of branded residences increasing by 170%."
"There are more than 500 branded residential schemes globally, with 76,000 units combined. A further 400 schemes are in the pipeline"
"The well-established luxury segment remains the backbone of the sector, but other chain scales are on the rise"