9/18/2018 | Hotels

Christie & Co bolster North West Hotels team

Specialist business property adviser, Christie & Co is pleased to announce the appointment of Alistair Greenhalgh to the role of Director. Based in the Manchester office, Alistair will specialise in the hotels market, drawing upon expertise gained from working with market-leading companies within the sector.

An experienced broker, prior to joining Christie & Co, Alistair held the position of Director at Lambert Smith Hampton, specialising in the sale and acquisition of trading hotels and investments, operator searches and forward funding commitments for hotel developments.

Commenting on his new role, Alastair states, “Having successfully built a career in the hotels sector, most recently at Lambert Smith Hampton, and prior to that at JLL, I’m excited to bring both extensive experience and excellent industry contacts to Christie & Co. The company already enjoys a strong reputation throughout the region, and I’m looking forward to developing this further.”

Nick Brown, North West Regional Director, comments, “We are delighted to welcome Alistair to the Christie & Co team. With his extensive insight into the hotels market across the North West, as well as his record of transacting numerous high-profile deals across both single asset and portfolio agreements, we are confident that he will be instrumental in driving forward business throughout the region.”

Christie & Co reported a combined value of hotel transactions totalling £4.5bn in 2017, with an increase in offers on hotels of 38% over the same period. Market predictions suggest that with a 4.7% year-on-year change in RevPAR (revenue per available room), growth should be maintainable through the remainder of 2018.