Member Info for Falla

8% down as there are clearly choppy waters ahead.
Germany is a massive gamble , will be years before they turn a profit there
In the UK occupancy will be very low and may never return to the 80% they were running at now we have all learned to work from home and not travel so much. I can see sub £20 next week

Glad I swerved my uptake , should be getting about £10.50 each for all of my untaken allocation. Until there's a vaccine this is a very risky stock to hold

Let's remember, the bulk of this £1Bn income from existing shareholders is to keep the company afloat - defensive. The spin about being aggressive in the property and growth market isn't fully accurate . Even once hotels open fully occupancy rates are going to be low for some time and REVPAR will not be anywhere near profitable.
In Germany they are flogging rooms at €39 per night . No profit in that , not even near .
Happy to have not taken the £15 and will bank the £10.50 or whatever it is per share and invest elsewhere.