Press Releases
Find out what we've been up to across all of our sectors
Europe's Triangle: Vienna, Prague and Budapest hostel markets report healthy growth
Vienna. Specialist business property advisor, Christie & Co recently launched their new report focusing on the hostel markets in Vienna, Prague and Budapest. The report shows an overview of the business model itself, key characteristics, the evolution of the hostel concept and gives a deeper insight of the mentioned markets: Vienna, Prague and Budapest, in terms of demand, supply and especially branded supply.
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Hotel Investment Market Austria: Record-breaking transaction volume in 2019
Vienna. In 2019 the Austrian hotel market achieved a record result in terms of the total volume of hotel transactions. In September, for the first time in history, transactional volumes reached a value of EUR 1 billion and by the end of the year totalled EUR 1.26 billion, 40% higher than the previous record reported by specialist business property advisor, Christie & Co in 2016. Demand for hotel properties in Austria remains unbroken.
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Christie & Co hires hotel expert Benjamin Ploppa as new Head of Hotels in Germany
Munich. Specialist hotel property advisor Christie & Co strengthen its German team and introduces Benjamin Ploppa in the role of Head of Hotels – Germany.
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Christie & Co launches first international market report in the childcare sector
Specialist business property adviser, Christie & Co has launched its inaugural report on the Early Childhood Education & Care (ECEC) sector. The report, Early Childhood Education & Care Workforce Trends and Associated Factors, reviews demand drivers, childcare models and funding worldwide including key themes such as qualification requirements, ratios, the relationship between funding and parental leave, and the ‘Childcare Gap’.
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Hotel Market Vienna: Continuous growth in demand on the Danube
Vienna. As the largest city in Austria and the sixth largest in the European Union, Vienna is both an important cultural and economic location and the most liveable city in the world. Thanks to numerous leisure tourism demand generators as well as international corporations and trade fairs, the metropolis on the Danube benefits from a balanced business leisure mix. According to the latest analysis by hotel property specialist Christie & Co, Vienna's steadily growing popularity is reflected in a strong improvement in performance.
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Record result: Hotel investment volume in Austria cracks the billion mark for the first time
Vienna. For the first time in history, the hotel transaction volume in Austria reached 1 billion Euro. This above-average result was already apparent in the first half of the year, as the hotel property specialist Christie & Co announced in a press release in July. The half-year result amounted to a total volume of 360 million Euro and was thus above the average of recent years.
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Hotel Market Bucharest: Upward trends reveal market potential
Bucharest. Having benefitted from predominantly business-driven demand in the past, the city at the Dâmbovița river is currently establishing itself as a popular tourist destination. The analysis of specialist business property adviser Christie & Co shows a positive growth trend both in supply and demand, resulting in a continuously improving performance of Bucharest’s hotel market.
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2 hotels in Germany for sale as part of pan-european portfolio through Christie & Co
Specialist business property adviser, Christie & Co has brought to the market 2 branded hotels in Germany, as part of a wider Pan-European group of 8 hotels, on behalf of leading European operator, Louvre Hotels Group.
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Hotel Investment Market Austria H1 2019: Investment volume increased significantly again
Vienna. After an average year 2018 as a whole, 2019 has potential to establish a record result again. In the first half-year, Austria already registered transactions in a total value of 360 million euro, which corresponds the second-strongest result since the recordings of specialist business property adviser Christie & Co.
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Hotel Market Prague: Positive Sentiment in a contested environment
Prague. Over the last years, the capital on the Vltava river has strengthened its positioning as a city escape favourite among international leisure travellers. Specialist business property adviser Christie & Co’s analysis revealed that although competition on the hotel market is fierce, performance increased over the long run, despite last year’s mixed results.
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