economy

Fronts Eyebrow Descriptor
Video - In Focus

In Focus: An improved economic outlook, buyers, sellers and valuations

Body
Questex's first quarterly Investor Sentiment Assessment for 2021 in partnership with ABP Invest, is underway and Thanos Papasavvas, founder & CIO, ABP Invest, caught up with Questex Hospitality & Travel's President Alexi Khajavi and Content Director, Julie Rey-Gore to discuss some of the key takeaways. This is the first of a two part episode diving into those findings.  In this episode we look at how the range of sellers and buyers has changed in the last year.  Keep an eye on your inbox for your copy of the Investor Sentiment Assessment Q1 2021.

The Latest

  • Fronts Eyebrow Descriptor
    Video - In Focus
    What is the market sentiment for economic slowdown, how do investors rate their concerns for inflation and ESG?  Thanos Papasavvas and Alexi Khajavi discuss how ESG is now a key focus for investors: "as we see it maturing in the asset management industry. It is no longer considered a marketing term but involved in the decision making process. It is a very different conversation to what it was 3-4 years ago." Julie Rey-Gore and Nevius Glussi discuss the importance of brands as well as local integration.  Investors' sentiment for hotels in the current market shows a positive increase compared to the previous quarter. More episodes discussing the fourth quarterly investment sentiment survey can be viewed here. 
  • Fronts Eyebrow Descriptor
    Video - In Focus
    Thanos Papasavvas, Founder & CIO of ABP Invest joins Alexi Khajavi, Julie Rey-Gore alongside guest Nevius Glussi, CEO at Trinity Hospitality Group sat down to review the fourth quarterly investor sentiment assessment, published by Questex and in partnership with ABP Invest.  In this episode the group discuss the economic outlook, comparing regions Asia, Europe, the US and the UK and analyse the factors contriubting to the varied results.  They also discuss the varying percentage of dry powder investors have allocated to the sector. Not to be missed!  Join us for weekly interviews from the team at Hospitality Insights.
  • Fronts Eyebrow Descriptor
    Transactions
    Perial Asset Management has acquired two hotels from Ax Promotion for over €22m.
  • Fronts Eyebrow Descriptor
    Transactions
    Ago Hotels announced it had secured at least nine hotel leases from Travelodge following the break clause deadline on 18 November.
  • Fronts Eyebrow Descriptor
    Transaction
    Private equity group Extendam had acquired the largest Holiday Inn in France with Catella Hospitality Europe, which will operate the hotel under franchise.
  • Fronts Eyebrow Descriptor
    Video - In Focus
    Politics are in the air this week as the US election hangs in the air and second lockdowns commence, Alexi and Katherine walk though how the top three economies in Europe and the US are handling their support of the hospitality sector. As we move into a second lockdown in Germany, France and the UK, what does it actually mean for hospitality this time round and what support schemes are available? Katherine and Alexi dive into the nitty gritty of the support on offer for hotels follow this link for the further government guidance.  As many iconic hotels in London are forced to close their doors in a bid to preserve cash, what will the impact be for landlords?  Katherine describes how Hospitality and Tourism is a protected sector in France and we have seen more creative solutions to support the industry for sure.  We also hear from Robert Alley, COO at Roomzzz Aparthotels who speaks of their healthy occupancy numbers due to the increased demand in extended stay. Robert also describes how open conversations with landlords have facilitated more flexibility during the crisis.  And of course a mention of Airbnb which Alley sees as healthy competition and they have helped to elevate and progress the extended stay market.  Back to Europe, Alexi highlights the unrest in the German hospitality market. In the US, where the elections will shape the future of the US hotel industry, the result is still iunknown.  We will see shakeouts further up the chain, the cycle will out inevitably....but Hospitality will always prevail!