Speaking to Hotel Analyst, Louise Gillon, Head of Hotel Finance at Leumi UK, discusses lenders’ strong appetite for the hotel sector despite COVID-19 challenges.
Commenting on the bank’s recent deals, Louise notes that “Leumi’s focus has always been in major city centre locations across Western Europe. We’ve been happy to finance regional assets on a portfolio basis but have stayed away from single asset transactions in the regional market. We like hotels that have dual demand drivers of both corporate and leisure, and have rarely financed assets focused purely on just one of these areas. And we don’t expect any significant changes in this regard.”
To read the full article, please click here (paywall).