Many smaller hotel companies will have no choice but to combine with their larger counterparts in order to survive post-COVID-19, creating a more consolidated industry in the process, says ...
Touriste, a French group operating boutique hotels in Paris, advised by Bryan Cave Leighton Paisner LLP, has acquired The Chrysos Hotel, London. The hotel operates from two converted Georgian ...
Threestones Capital successfully closed one of the largest single transactions in the healthcare property market in Germany in recent years, acquiring a nursing home and assisted living complex in ...
Transaction volumes in London’s hotel market totalled €1.32bn (£1.15bn) in the first quarter of this year, reflecting an 8.8% decline yoy, but 85% above the long term ...
During the first two months of the year, year-to-date figures for European hotels showed positive growth of revenue per available room (RevPAR), due to increase of average daily rate (ADR) and ...
More than half Accor branded hotels worldwide are closed, likely over two thirds in the coming weeks. One piece of good news is the confirmation of the initial recovery of the Chinese hotel market, ...
Hotel occupancy across Dublin is down by over 90%, according to the latest data by Savills. The company has predicted a 32% drop in Dublin’s hotel development pipeline as a direct ...
Since the coronavirus began to spread, occupancy at the Scandic hotels group has fallen significantly and was 10 to 15% in the previous week. The company is now planning for a situation ...
