European Budget and Luxury Hotels Expected to Give Highest Returns and Best Prospects Say New Catella Market Tracker

May 17, 2017

STOCKHOLM, May 17, 2017 -- The new Catella Market Tracker, The European Hotel Market, shows a clear shift in the structure of hotels in recent years – the budget and luxury segments are the two winners from this development. In 2016, approximately EUR 17.8 billion was invested in the hotel asset class, and growth is expected in almost all European countries, especially Spain, Germany, Austria, Ireland and Sweden. The increasing connection of destinations through transport links, the global emergence of an Asian middle class with a high willingness to spend, and changed social preferences in terms of exotic locations, length of hol...