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Press Release

Christie + Co sets benchmark for City Reviews

3 November 2008

Christie + Co’s bi-monthly City Reviews take advantage of the local knowledge generated from its 29 offices in the UK and Europe, to provide clients with the most up-to-date, focused and accurate market commentary available.

The reviews are produced using desk-based research, input from experienced industry specialists, and hotel trading data provided STR Global, the market leader in hotel benchmarking, covering over 36,200 hotels in 512 markets across 94 countries.

Since January 2007, Christie + Co has produced 16 City Reviews covering most major UK cities and several European markets:

City Date City Date
Edinburgh Jan 07 Berlin Mar 08
Manchester Mar 07 Liverpool Mar 08
Bath/Bristol May 07 Cardiff May 08
Newcastle/Gateshead Jul 07 Aberdeen Aug 08
Birmingham Sep 07 Bucharest Sep 08
Barcelona/Madrid Nov 07 Brighton Oct 08
Leeds Nov 07 Munich Oct 08
Glasgow Jan 08 Helsinki Nov 08

Forthcoming city reviews include: Dublin, Stockholm, Heathrow, Southampton/Portsmouth, Oxford/Cambridge.

Simon Hudspeth, Head of International Hotel Advisory Services, said: “Christie + Co’s City Reviews bring together the company’s local and international knowledge across its many UK and European markets, harnessing the experience of our many specialist hotel agents, valuers and consultants. Our City Reviews provide detailed information on local supply, demand and market performance, together with insight into real transactions and deals. They combine local knowledge and international insight, which translates into business intelligence that you can use.”

All the of above and future City Reviews and other Christie + Co publications are available free of charge to download and view at www.christiecorporate.com/ccc/news/publications/

If you wish to find out more about Christie + Co’s City Reviews please call Carine Bonnejean or Mark Wingett on 0207 227 7000.

Further information: Founded in 1935, Christie + Co is the leading firm of surveyors, valuers and agents specialising in the hospitality, leisure, retail and care sectors. Currently employing close to 400 professional and specialist staff, it has 17 offices throughout the UK — with valuation, agency, development and investment teams focused on its key sectors. Christie + Co's international operations are based in Barcelona, Berlin, Dusseldorf, Frankfurt, Hamburg, Helsinki, London, Madrid , Marseilles, Munich, Paris, and Rennes.

STR Global is the new company recently created by leading hospitality research companies Smith Travel Research (STR), Deloitte’s HotelBenchmark™ and The Bench. STR Global provides clients — including hotel operators, developers, financiers and analysts — access to hotel research with regular and custom reports covering over 36,200 hotels in 512 markets in 94 countries. STR Global provides a single source of global hotel performance data, offering concise, accurate and thorough industry research worldwide.

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For further information on this press release, please contact: Mark Wingett at Christie + Co. Tel: 020 7227 0794. mark.wingett@christie.com

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