
Covid-19: Savills UK Hotel Insights Vol 9 (as of 6 April 2021)
"Extensions to business rates holidays, reduced hospitality VAT rates and CJRS are likely to mitigate some of the headwinds over the summer months"
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"Extensions to business rates holidays, reduced hospitality VAT rates and CJRS are likely to mitigate some of the headwinds over the summer months"

"Fiscal support packages continue to provide vital relief for UK hotels"

"Stronger temporary restrictions now coupled with the vaccine rollout could mean that UK hotels are tipped for a busy summertime"

"Positive vaccine trials to boost hotel sector"

"Covid-19 has adversely impacted investment volumes, however, pricing shifts have begun opening attractive investment opportunities"

"Whilst various temporary lockdowns have put the brakes on recovery momentarily, domestic demand, on the whole, has been driving the broader recovery across much of the European hotel market in recent months"

"There are more than 500 branded residential schemes globally, with 76,000 units combined. A further 400 schemes are in the pipeline"

"The well-established luxury segment remains the backbone of the sector, but other chain scales are on the rise"

"Covid-19 has transformed the way we live, work and travel. Developers are looking again at their product in response to the changing demand"

"Branded residences offer many advantages in a crowded global marketplace for prime property"