Colliers International – How and when does the Hotel sector emerge from this crisis?

We continue to look for the positive but achievable outlook in the period ahead, this article from Colliers International includes hard data and anecdotal narrative which we found useful. Much of the data used is from STR, so an impartial source, and we have attended STR webinars in the lockdown – one update to this article from April is that China’s recovery 2ndMay was still below 40% occupancy, which endorses the scale of our challenge ahead in the UK hotel sector, when we consider China is 3 months ahead of Europe in relaxing lockdown restrictions.