Issue 35: 9th October, 2020

    Calls for sector to drive change

    Tourism bodies are pushing to get the global tourism industry restarted, as soon as possible. And leading the charge is the UNWTO, which is working on a range of fronts to advance tourism more sustainably, and more globally, as the world recovers from the shock of covid-19. The organisation has launched a comprehensive tourism recovery [...]

    Portfolios shift as contracts creak

    Further major hotel portfolios have changed hands, as landlords and operators wrangle their way through contracts signed in happier times. Investor Colony Capital has sold out of six portfolios of hotels, while Marriott appears to have given up a package of 122 hotels around the USA. Meanwhile, in Europe, UK brand Travelodge is waiting to [...]

    Operational opportunities look attractive

    Operational real estate is continuing to attract more attention, as investors seek new opportunities to improve returns. New research by INREV, the European Association for Investors in Non-Listed Real Estate Vehicles, shines a light on the opportunities within the niche. Via interviews with those active in the business, it uncovers in more details the reasons [...]

    Huazhu shakes off critics

    US listed hotel group Huazhu has rebuffed accusations of financial misconduct, as it successfully launched a secondary listing, raising further funds for expansion. The accusations came from Bonitas Research, a US activist short seller, which claims it works hard “to uncover the truth”. It has previously produced reports with allegations against a range of US [...]