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Press Releases

Listed below are the press releases that we have issued during the last month. They are listed in date order with the most recent first.

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Hotels 20 November 2020

Extendam and Catella Hospitality Europe acquire the largest Holiday Inn Hotel in France through Chri

Ideally located at the gates of Paris, near the newly built Judicial Court in the 17th arrondissement, the Holiday Inn Paris - Porte de Clichy is a mid-range business hotel with 262 rooms, and one of the largest hotels in the Paris area. The hotel was acquired with a value adj...

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Hotels 16 October 2020

Summer performance in Finland's regional hotel markets reaches close to pre-Covid-19 pandemic levels

The report indicates in April 2020, RevPAR for the whole Finnish hotel market was just 15%-20% of the previous year results. However, encouragingly in July for the entire country, except for the Helsinki Metropolitan Area (HMA), the metric had practically reached the previous...

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Hotels 20 August 2020

Hotel Market Finland – YTD June 2020

Improving market KPI’s; still significantly behind last year’s performance When analysing YTD June 2020 performance more closely, it appears that occupancy levels for the whole country have dropped significantly and are around 37% (-17%-points from last year), while ADR ha...

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Hotels 21 July 2020

Hotel Investment Market Austria: After a significant decrease of transactions caused by Covid-19 in

Economic challenges triggered by Covid-19 have brought uncertainty into the tourism sector in particular, as well as to many investors. “With some very exciting transactions at the end of 2019, we expected a similarly positive trend in 2020, as there were some interesting hote...

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Hotels 06 July 2020

Christie & Co launches new report: "Spanish Urban Destinations 2019"

Despite the unprecedented crisis caused  by the COVID-19 pandemic, and the uncertainty it creates for the tourism sector, Christie & Co wanted to publish the update of its report of urban destinations in Spain, which offers a positive vision of the industry, highlighting its s...

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Hotels 19 June 2020

Inmaculada Ranera explains her vision of the future of the hotel sector at the Spanish congress of t

During the hearing, she highlighted the need for a sector-specifice Recovery Plan, as well as further specific measures, such as new public credit lines and an extension of the Force Majeure Temporary Unemployment Scheme (ERTE) to help the sector alleviate the liquidity crisis...

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Hotels 03 March 2020

Hotel Market Germany 2019: Increasing competitive pressure despite record demand

For 10 years in a row, demand records have been breaking every year and in 2019, hotels and B&Bs in the 6 largest German cities recorded another overall increase in overnight stays of almost 5%. However, the market is also constantly changing in terms of supply. “In 2019 alone...

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Hotels 25 February 2020

Christie & Co support David Lloyd Leisure in German expansion

David Lloyd Leisure Group (DLL) is Europe's largest operator of family-oriented leisure and sports facilities for wellness and fitness. Founded over 35 years ago by former British tennis champion David Lloyd, the wellness and fitness group operates over 123 clubs throughout Eu...

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Hotels 21 February 2020

Hotel Investment Market in Spain 2019 reached EUR 2,4 billion, led by the urban sector

According to Christie & Co, the total hotel investment figure in Spain in 2019 was EUR 2,4 billion, almost half of the investment volume of 2018, with a total of 114 transacted assets (compared to the 223 registered in 2018). This decrease in transactional activity is explaine...

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Hotels 03 February 2020

Europe's Triangle: Vienna, Prague and Budapest hostel markets report healthy growth

The hostel concept first appeared during the German Youth Movement in the 1890s, but its commercial potential has only been recognised more recently. The European hostel market is still fragmented, but also fast evolving. Recent trends suggest that travellers increasingly seek...

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