
Covid-19: Savills UK & European hotel insights Vol 7 (as of 22 June 2020)
"Green shoots stemming from the phased reopening of economies, plentiful policy support and slowly improving data is beginning to be seen across the European Hotels market"
Tagged Articles

"Green shoots stemming from the phased reopening of economies, plentiful policy support and slowly improving data is beginning to be seen across the European Hotels market"
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"As you're aware, the situation remains highly fluid with downside risk, particularly as the big unknown in terms of how long the situation will last remains"
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"After a record year in 2019, Q1/2020 saw a sharp fall in investment volumes as a result of the COVID-19 outbreak, hitting a post-2013 low."
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"The EU is focusing much of its economic aid on containing unemployment and the destruction of industry."
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"Hospitality sector facing a short-term adjustment. The number of annual overseas visitors to Japan has risen for the eighth consecutive year, marking YoY growth of 2.2% for 2019. Unfortunately, the goal of 40 million visitors in 2020 appears out of reach."
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"According to the Ministry of Culture and Tourism, China inbound tourist numbers stood at 141.2 million in 2018, an increase of 1.2% year-on-year (YoY), bringing with it tourism revenue of US$127 billion, up 3.0% YoY."
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"The tourism market in Taiwan is very subject to the cross-straits issue. In 2018, the total number of overseas travellers increased by 3% year-on-year (YoY) to 11 million. "
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"How the sector is increasingly competing with hotels"

"Arrivals to EU destinations still reporting growth despite geopolitical headwinds influencing travel trends across key source markets"

"Yield softening continued this month, but will the return of opportunistic investors to the market signal the bottom of the current cycle?"