Christie & Co, a specialist business property adviser, have released their latest review of the UK hotel market which suggests that, despite uncertainty (especially Brexit) the sector remains buoyant. Highlights include:
- Christie & Co anticipates enhanced activity in H2 with a number of transactions currently in the market receiving high levels of interest
- Investor appetite in the sector remains strong
- Growing costs continue to be a concern
- The hotel sector is becoming more innovative with new technology and ideas
- Most notable impact of Brexit which Christie & Co identifies is a general increase in length of time to complete transactions
Read more here – https://www.christie.com/news-resources/press-releases/june-2019-(1)/half-year-review-of-the-hotel-market-strong-invest/