The UK and Ireland were expected to lead distress-driven transactions this year, according to Whitebridge Hospitality.
Phil Camble, director, Whitebridge Hospitality, said: “They tend to be quickest to resolve such situations, the rest of Europe will most likely take longer to come to market.”
Within the UK Camble forecast more deals in the regional UK.
Looking at deals last year, Camble added: “The transactions market fell off the proverbial cliff in 2020. Hopefully the market will ret