Press Releases

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Number of matching Press Releases found: 138

Christie & Co sold the most hotels across Europe during 2020, according to latest RCA rankings

Specialist business property adviser, Christie & Co, has announced its ranking as the most active agents in the hotel sector across Europe for 2020 based on the number of hotels sold, according to the latest rankings provided amongst tracked brokers on Real Capital Analytics (RCA).

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Hotel expert Christie & Co expands its team in Germany

Munich/Frankfurt. Christie & Co is expanding its German team to accommodate the increasing demand for hotel industry advice. Tobias Reinecke and Anna Friedrich, previously working in the Christie & Co London office, have now shifted their focus to mandates in Germany. In addition, Pia vom Stein joins the advisory and valuation team in Munich, while Alexander Wydlok strengthens the transaction team in Frankfurt.

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Are sustainability certificates for hotel properties on the rise?

Vienna. The topic of “sustainability” has become one of the most important megatrends of our time. Sustainable construction is also becoming increasingly important in the hotel real estate market, leading to an increase in demand for corresponding certificates in Austria.

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Christie & Co launches Business Outlook 2021 report

London. The latest annual report by specialist business property advisor Christie & Co named “Business Outlook 2021: Review. Realign. Recover.” reflects on the themes, activity and challenges of the previous year and forecasts what 2021 might bring across the hotel investment sector in various European countries.

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Christie & Co sold hotel Pichlarn castle to Salzburg hotelier Georg Imlauer

Aigen im Ennstal. Thanks to Christie & Co the renowned 5-star hotel Pichlarn castle in the Austrian Alps has a new owner. The well-known hotelier Georg Imlauer took over the hotel with his hotel group IMLAUER Hotel & Restaurant GmbH on the 1st of January 2021.

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Hotel Investment Market Austria: Unsurprisingly weak year 2020 with a conciliatory finish

Vienna. After a record-breaking year 2019, when hotels worth more than EUR 1.25 billion changed owners in Austria, the signs for the first quarter of 2020 were still very positive. But then everything turned out differently. After a significant drop in transaction volume due to Covid-19 in the first half of 2020 with a hotel investment volume of just over EUR 60 million, there was more movement in the second half of the year. Eventually, the hotel investment year ended with a stable transactional volume of around EUR 280 million, according to the hotel real estate specialist Christie & Co.

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Extendam and Catella Hospitality Europe acquire the largest Holiday Inn Hotel in France through Christie & Co

On Tuesday 17th of November, EXTENDAM acquired the largest Holiday Inn in France with Catella Hospitality Europe. This freehold transaction on the Holiday Inn Paris - Porte de Clichy, brokered by specialist business property advisor, Christie & Co, demonstrates the ability of both investors to navigate in a transactional market that has been halted by the pandemic, but which should remain buoyed by sustainable fundamentals, once the challenges of the period have been met.

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

Finland. While the global hotel sector has been hard-hit by the Covid-19 pandemic, with Finland’s hotel mar-ket being no exception, the country has demonstrated some real positive trends this summer. In July 2020, RevPAR for the Finnish hotel market, except the Helsinki Metropolitan Area, had practically reached pre COVID-19 pandemic levels, which was 97% in 2019, according to the latest report by specialist business property adviser, Christie & Co.

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Hotel Market Finland – YTD June 2020

The overall picture remains somewhat unclear: in June 2020, around 20% of the previous year’s hotel capacity across the whole country remained closed due to lower demand. However, in the Helsinki Metropolitan Area (HMA), where a larger proportion of the demand is driven through corporate clients and international visitation, this figure hovered around 50%.

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Hotel Investment Market Austria: After a significant decrease of transactions caused by Covid-19 in H1 2020, more activity could follow in the second half of the year

Vienna. As expected, the volume of hotel transactions in the first half of 2020 had declined significantly due to the effects of Covid-19 on the hotel industry and the real estate sector. After a record year in 2019, with a transaction volume of around EUR 1.25 billion, the second quarter of 2020 was marked by stagnation. This could already change in the second half of the year, forecasts hotel real estate expert Christie & Co.

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