European Hotel Transaction Price Index
EHL European Hotel Transaction Price Index Shows Impact of the Covid-19 Crisis
Dr René-Ojas Woltering | June 8, 2021
By Dr René-Ojas Woltering EHL’s Institute of Real Estate, Finance & Economics is pleased to present the first update of the European Hotel Transaction Price Index that was initially launched last year. In 2020, European hotel transaction prices decreased on average by 11.1% vs. the prior year. The total transaction volume recorded by Real Capital Analytics (RCA) decreased to EUR 10.5 bn, which is 59% lower than the record transaction volume of 2019. A smaller drop than expected To date, the impact of the Covid-19 crisis on the European hotel real estate sector is significantly smaller than the -30% drop associated with the 2009 gl...
EHL Launches European Hotel Transaction Price Index
René-Ojas Woltering | October 27, 2020
By Dr René-Ojas Woltering EHL’s Real Estate, Finance & Economics Institute presents the first edition of the European Hotel Transaction Price Index. This project aims to contribute to increased transparency in the European hotel industry by publishing the index on an annual basis. This first edition of the index is based on a total of 1247 hotel transactions across Europe between 2007 and 2019. In 2019, European hotel transactions prices increased by 7.7% vs. the prior year on the back of a record transaction volume of EUR 25.6 bn. For the first time, the index clearly surpassed its previous peak from 2007. While the 2019 version o...