2020 European Hotel Transactions

Shaffer Patrick | April 12, 2021

By Shaffer Patrick Total European hotel transaction volume reached €8.5 billion[1] in 2020, representing a fall of 69% on 2019 (see Chart 1), which was the previous market peak at €27.1 billion. Even so, 2020 figures remain significantly ahead of those seen in the Global Financial Crisis, with 2009 seeing only €3.1 billion in transaction volume. Highlights 48% of the total 2020 transaction volume occurred in the first three months of the year, primarily representing transactions that were agreed pre-pandemic; Single assets accounted for €5.5 billion or 65% of the 2020 total, decreasing 54% from 2019, though significantly ...