hotels

"Drawing on insights from our operator survey, we look beyond the headlines of the staff availability crisis facing the hotel sector"

"As more people get vaccinated, the return of travel demand is on the cards. Even so, considering the technical complexities in restarting global travel, and the uncertainties it brings, the path to normalcy is expected to be eventful. Nonetheless, this presents a great opportunity for well-prepared market participants."

"Hotel investment volumes improve in H1 2021, with a relatively strong outlook for the remainder of the year"

"Despite the delay in travel bubble arrangements and with some of the countries in the region still struggling to expedite their vaccine rollouts, the APAC hotel market reported a strong fl ow of investment activity in Q2/2021."

"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."

"Positive news regarding global vaccination programs and travel bubble arrangements have substantially improved investor sentiment. However, this positivity is yet to be reflected in the hotel market transaction volume this quarter."

"Extensions to business rates holidays, reduced hospitality VAT rates and CJRS are likely to mitigate some of the headwinds over the summer months"

"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."