HotelsMag January-February 2022 | Page 62

SPECIAL REPORT

EUROPE FOLLOWS THE M & A TREND

LED BY PENT-UP DEMAND

Transaction activity in Europe was picking up through the fall of 2021 , and as long as business holds its own in 2022 , expect M & A to sustain and grow .

With improved trading comes increased investor confidence in their underwriting and thereby narrowing the bid-ask spread , says Charles Human of HVS Hodges Ward Elliott , London . “ There is an unprecedented amount of equity looking to invest in the sector , and with valuations now on the rise again , some owners are seeing an opportunity to sell at a time when buyers are competing for few assets in the market ,” he told HOTELS in November 2021 .
Human , along with the Londonbased team at Avington Group ,
62 hotelsmag . com January / February 2022