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.

With countries across the world starting to ramp up their coronavirus vaccination programs it looks inevitable that travellers will need some form of health passport or certificate to move across borders.

Travel, hospitality and leisure management company Apple Leisure Group triples it European footprint to 52 resorts, with a growing presence in Spain and entry into Greece.

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.

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.

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.

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.

Europe’s hotel industry reported much lower performance levels from the prior month, according to November 2020 data from STR.

The rollout of a vaccine and land connections were both key to the recovery of travel and tourism in Southern Europe, according to a report from DBRS Morningstar.

The volume of hotel transactions across Europe fell by 50% on the year for the first half of 2020, according to Fleurets.