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.”
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With numerous moving parts often causing delays in operation, the integration of services in international trade presents a transformative opportunity for everyone in the ecosystem. Offering a way to combine logistics, ordering and financing on one platform, “embedded trade” allows corporates to streamline their services – optimising cashflow and mitigating risks.
Writing for Financial IT, Roy Shilo, Head of Commercial Finance at Leumi UK, explains how technology is on track to emerge from the COVID-19 crisis in good health.
Most African economies have so far succeeded in navigating a year beset with economic challenges. Writing in TXF, Nabil Frik, Managing Director for Africa and the Middle East at British Arab Commercial Bank, discusses why Francophone Africa has beaten expectations.
Clean hydrogen is expected to become increasingly prominent in the energy transition over the next decade. Indeed, according to the Hydrogen Council, the fuel could account for 15% of global primary energy supply by 2050.
Secretary General of the International Chamber of Commerce (ICC) United Kingdom, Chris Southworth, joined Bloomberg Westminster to discuss the possibilities around a Brexit deal and whether reaching an agreement really matters for business.
Chris Southworth, Secretary General of the International Chamber of Commerce (ICC) United Kingdom, appeared on CNBC to speak on the damage that a no-deal Brexit will do to the UK economy, as well as what businesses need as the UK approaches the end of the transition period.
Although the ongoing pandemic brought significant disruption, it is also having the positive effect of bringing the digitalization agenda to the fore. And as flows of funds between Latin America and the rest of the world are returning to normal levels, the pandemic has precipitated a permanent change by speeding up the adoption of digital payment services, says Dino Sani, Head of Treasury Services for Latin America at BNY Mellon.