Business
Christie sells the most hotels in Europe in 2020
Christie sells the most hotels in Europe in 2020.
About this update from Christie Group Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 1904U\n Christie Group PLC\n 31 March 2021\n \n \n \n \n 31 March 2021\n \n \n \n \n \n Christie Group plc\n \n \n (\"Christie Group\" or the \"Company\")\n \n \n \n \n \n Christie & co sells the most hotels across Europe during 2020, according to RCA ranks\n \n \n Christie Group plc (CTG.L), the leading provider of Professional & Financial Services and Stock & Inventory Systems & Services to the hospitality, leisure, healthcare, medical, childcare & education and retail sectors, is pleased to announce that Christie & Co, its specialist business adviser, has been ranked as the most active agent in the hotel sector across Europe for 2020 based on the number of hotels sold, according to the latest rankings provided amongst tracked brokers on Real Capital Analytics (RCA).\n \n \n \n \n \n RCA's latest figures released this month revealed that Christie & Co sold the highest number of hotels across Europe in 2020, with Christie & Co's French and Austrian teams identified as the leading overall hotel brokers in their respective markets. The Spanish team was also named as one of the top-ranking brokers when acting on behalf of a seller. \n \n \n \n \n \n Encouragingly, majority of this activity was carried out within a challenging market, against a backdrop of the ongoing COVID-19 pandemic and various lockdown periods, which suggests the hotel investment market is still very much buoyant with activity.\n \n \n \n \n \n Christie & Co continue to dominate the hotel transactions market across Europe and the UK, providing market leading advice to hotel owners and connecting operators to the right buyers for over 85 years, and show no signs of slowing down. Within the UK, in the first quarter of 2021 alone the team has exchanged on over 100 hospitality businesses. \n \n \n \n \n \n Carine Bonnejean, Managing Director of Hotels at Christie & Co comments, \"Despite the most challenging year for the hospitality sector, our hospitality team has remained focused on delivering deals for our clients across Europe. The record levels of new capital raised have been immensely frustrated by the limited stock coming to market but since the beginning of the year, larger opportunities are finally emerging and thus attracting significant intere...