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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 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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Hotels 29 January 2020

Hotel Investment Market Austria: Record-breaking transaction volume in 2019

In the first quarter of 2019 several transactions have been completed. By the end of the second quarter, the transactional volume reached a value of EUR 360 million as a result, the second highest level ever recorded, which was EUR 440 million in the first half of 2016. Howeve...

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Hotels 13 January 2020

Christie & Co hires hotel expert Benjamin Ploppa as new Head of Hotels in Germany

From January 2020 Benjamin Ploppa joins Christie & Co from BNP Paribas REIM Germany, where he spent 6 years. As Senior Transaction Manager he was responsible for the sourcing and execution of investments in Germany and throughout Europe, coordinating and executing all hotel ...

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Hotels 22 November 2019

Christie & Co launches first international market report in the childcare sector

Across the countries of focus, which includes Germany along with the UK, France, the Nordic countries, Australia, the US and Japan, demand drivers for the sector, which include birth rates and female unemployment rates, generally remain very positive and are likely to remain s...

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Hotels 17 October 2019

Hotel Market Vienna: Continuous growth in demand on the Danube

Vienna is one of the most popular leisure destinations in Europe due to its numerous sights, such as the UNESCO World Heritage listed city centre and Schönbrunn Palace. At the same time, the city attracts business travellers looking to attend one of the many internationally im...

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Hotels 26 September 2019

Record result: Hotel investment volume in Austria cracks the billion mark for the first time

“It's been eventful months lately. Shortly after we published our half-year report, several other transactions were announced or concluded, including the sale of the Hilton Hotel Vienna am Stadtpark, which, as the largest single transaction, had a significant impact on volume,...

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Hotels 25 September 2019

Hotel Market Bucharest: Upward trends reveal market potential

Bucharest is Romania’s cultural and political centre, as well as economical and financial driving force, currently contributing approximately 30% to the country’s GDP. Hotel demand predominantly stems from business travel which is linked to the activity of the governmental ins...

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