Hotels
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LGIM Real Assets picks up Clerkenwell Yotel for £70m
Deal follows administrators being called in December
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JLL bolsters hotels team leadership
Marc Nelson joins from CBRE and Rekha Toora joins from Qbic Hotels
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It’s when, not if, distressed hotel deals hit the market
COMMENT Some may label the hotels sector real estate’s largest casualty
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UK hotel investment volumes plummet by 58%
Investment volumes declined 63% annually across Europe in 2020
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Will fortune favour the brave for hotel investment?
COMMENT Hotels are widely acknowledged as a ‘recovery’ sector. Could investing be a safe bet?
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‘You can’t digitise a bed’: is a new hotel investment cycle near?
COMMENT Nimble buyers could take advantage of increased levels of stock coming to market
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PPHE Hotel Group revenue plummets by 66.3%
Hotel operator reveals extent of “unprecedented impact” of coronavirus pandemic
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CitizenM warns of ‘bloodbath’ as hospitality market struggles
The ongoing pandemic will force some operators out of business altogether, says Lennert de Jong
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Luxury Park Hyatt hotel to launch at Nine Elms
One Nine Elms rebranded as Park Riverfront
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Signature Living sets out to restore assets
Hotel success puts firm on restructuring path
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PPHE Hotel Group readies for UK redundancies
Large number of redundancies may be necessary in the UK as a result of the pandemic
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Radisson gets cash injection as half of EMEA hotels remain shut
Radisson Hospitality has reported a €29.2m loss for the first quarter of 2020