Issue 34: 1st October, 2020

    Innovation for the win

    Investors and operators are migrating towards longer stay formats, in a bid to win back business. New investment in the long stay marketplace underlines the resilience of the niche, while hotel group CitizenM is also targeting regulars, with an offering of subscription-based packages. Investor APG has given its stamp of approval to the serviced apartment [...]

    Independents take a hit

    With business travel yet to return to city centres, an increasing number of hotels are declaring they will not reopen under their current formats. In both Europe and the US, those properties exposed to high overheads, via lease agreements or debt, are shuttering. With no obvious end to the consequences of the coronavirus lockdown, operators [...]

    Incentives play their part

    Governments, obliged to lock down communities to contain the pandemic, have also been coming up with creative schemes to bolster businesses hardest hit by temporary restrictions. Alongside broad economic measures such as employee furlough schemes, more targeted approaches have been tried for both hospitality in general, and travel specifically. In Europe, the UK government’s “Eat [...]

    Retirement living momentum builds

    Companies active in the UK’s retirement living sector have continued to progress deals in the last six months, largely immune to coronavirus jitters. The market is moving ahead conscious that expanding supply still substantially lags demand. Those active in the UK can also learn from the experience of more developed later living markets including Australia, [...]