"The main question addressed by this report is: How has the Dutch hotel market performed during the pandemic and how are investors responding to changes to the market?"

"Countries across APAC are navigating their way to a ‘life with COVID’ and gradually reopening their borders, while vaccination rollouts are now well underway. Regional hotel investment activity is starting to pick up as the industry prepares for a rebound in post-pandemic travel."

"Drawing on insights from our operator survey, we look beyond the headlines of the staff availability crisis facing the hotel sector"

"As more people get vaccinated, the return of travel demand is on the cards. Even so, considering the technical complexities in restarting global travel, and the uncertainties it brings, the path to normalcy is expected to be eventful. Nonetheless, this presents a great opportunity for well-prepared market participants."

"Hotel investment volumes improve in H1 2021, with a relatively strong outlook for the remainder of the year"

"The widespread vaccine distribution across Europe is likely to influence large scale hotel reopening dates and the subsequent recovery period, with domestic and short-haul leisure travel to experience the initial bounce"

"Extensions to business rates holidays, reduced hospitality VAT rates and CJRS are likely to mitigate some of the headwinds over the summer months"

"The current difficult circumstances serve as a strong catalyst for the emergence of new trends and distressed opportunities. There are numerous keen investors on the lookout for such distressed assets, and therefore opportunities are unlikely to be as abundant as one might hope."

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