Europe

Fronts Eyebrow Descriptor
Investment

Distress is only a part of Tristan’ strategy – Q&A with Luc Boschmans and Kristian Smyth

Body
London-based real estate investment firm Tristan Capital Partners announced last week its plans to expand its hotels investment strategy. Luc Boschmans and Kristian Smyth discuss their plans establish the firm as a long-term player in hospitality.

The Latest

  • Fronts Eyebrow Descriptor
    Investment
    Private equity firm ActivumSG Capital Management has announced it is targeting European markets that are experiencing growing distress, with a focus on hospitality. The company has raised €550 million from international investors to deploy mainly in five markets: Germany, the Netherlands, Spain, Portugal and the UK.
  • Fronts Eyebrow Descriptor
    Development
    Conversions have been the key focus for growth in the hotel sector during the pandemic, as development slowed, restricting pipelines. The sector has seen conversions from independent hotels as well as branded sites, with efforts from some operators to be as cost-effective as possible.
  • Fronts Eyebrow Descriptor
    Travel
    European travellers’ sentiment towards both domestic and inter-regional travel is improving, according to a European Travel Commission survey conducted at the end of 2020 with European citizens from 10 high-volume source markets.
  • Fronts Eyebrow Descriptor
    Holiday rentals
    Martin Söderström, founder of DIG Investment, has become an investor and a non-executive director on the board of the European OYO Vacation Homes business.
  • Fronts Eyebrow Descriptor
    Performance
    Hotels in the Middle East stayed afloat in November, with the region recording its highest revpar and trevpar since the pandemic debilitated the region, at $55.11 and $97.49, respectively.
  • Fronts Eyebrow Descriptor
    Pandemic
    Europe’s hotel industry reported much lower performance levels from the prior month, according to November 2020 data from STR.
  • Fronts Eyebrow Descriptor
    Deals
    The volume of hotel transactions across Europe fell by 50% on the year for the first half of 2020, according to Fleurets.