Why are luxury hotels and resorts in Europe booming?
"Since the millennium, European luxury hotel stays have experienced sustained growth, boosted by a lasting post-pandemic surge in demand."
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"Since the millennium, European luxury hotel stays have experienced sustained growth, boosted by a lasting post-pandemic surge in demand."
"2024, the turning point for transactional activity"
"Which countries and which sub-sectors do we anticipate to be first? Which investor groups do we expect to be dominant this year?"
"The widespread vaccine distribution across Europe is likely to influence large scale hotel reopening dates and the subsequent recovery period, with domestic and short-haul leisure travel to experience the initial bounce"
"The Savills Global Hotels team gave an overview of how covid-19 has impacted travel, and the future ramifications for the hotel industry."
"Travel bans hamper cross border transactions in 2020"
"Positive vaccine trials to boost hotel sector"
"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"
"Covid-19 has adversely impacted investment volumes, however, pricing shifts have begun opening attractive investment opportunities"
"2020 has been a year of change. The branded residential sector looks resilient even as competition grows"