
Covid-19: Savills UK & European hotel insights Vol 7 (as of 22 June 2020)
"Green shoots stemming from the phased reopening of economies, plentiful policy support and slowly improving data is beginning to be seen across the European Hotels market"
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"Green shoots stemming from the phased reopening of economies, plentiful policy support and slowly improving data is beginning to be seen across the European Hotels market"
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"As you're aware, the situation remains highly fluid with downside risk, particularly as the big unknown in terms of how long the situation will last remains"
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"A number of international brands have already developed impressive strategies."
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"After a record year in 2019, Q1/2020 saw a sharp fall in investment volumes as a result of the COVID-19 outbreak, hitting a post-2013 low."
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"Whilst it may not currently be business as usual, hotel owners and operators should prepare themselves for a return to business. "
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"The EU is focusing much of its economic aid on containing unemployment and the destruction of industry."
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"Hotel accommodation is an obvious solution to the lack of hospital beds."

"Having been seen as an outlier in the industry, hotels are now very much front of mind for real estate investors looking to diversify their portfolios. "
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"Hospitality sector facing a short-term adjustment. The number of annual overseas visitors to Japan has risen for the eighth consecutive year, marking YoY growth of 2.2% for 2019. Unfortunately, the goal of 40 million visitors in 2020 appears out of reach."
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"STR recently published nationwide key performance data for major cities across Australia. "