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Unharmonious Negotiations and Stalled Transactions, The Hotel Market Post-Covid

The pandemic has led to the opening of renegotiation processes between hotel owners and operators with various solutions being adopted ranging from rent deferrals to rent waivers.

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The real estate sector, like several other sectors of the economy, has been hit hard by the impact and consequences of Covid. Hotels, in particular, have been one of the assets most affected by the Covid-19 crisis as a result of the fall in tourism and the restrictions on mobility.

One of the biggest challenges in recent months has been the renegotiation of contracts between hotel owners and operators, especially in a market that is dominated by lease contracts, such as Spain.

Read the full article in Spanish.

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