What is Your Business 2.0

The government has effectively shut down the hospitality and travel industries. Yes, this will end, and no, it won’t go back to ‘normal’. What will the new normal look like? I have heard all kinds of predictions from a V-shaped recovery to social re…

GBR Hospitality Newsletter 2020 Q1

This newsletter provides a snapshot of the performance and outlook of the Greek hotel industry, within the broader context of the international hospitality industry as well as of Greek tourism and Greek socio-economic developments. …

Commercial Real Estate Valuation in the COVID-19 Era

When COVID-19 struck, the markets reacted. Since the beginning of 2020, REIT returns have nosedived: -60% in retail and hotel sectors, and -30% in residential sector which is usually considered to be a safe asset. In sum: Stock markets are brutal, o…