european hotel transactions
European Hotel Transaction Volumes Increased by 123% in the First Half of 2024
Maxime Gauthier | October 10, 2024
Coming out of a high-inflation, high-interest-rate environment, which negatively impacted hotel transactions in Europe in 2023, transaction activity increased to the highest levels since 2019 in the first half of 2024. Reaching €10.6 billion, the total volume transacted increased by 123% year-on-year, already reaching the total volume for the whole of 2023. There were 20% more transactions this semester, with a decrease of 11% in the number of rooms per hotel, translating into a 30% increase in price per room over H1 2023. General Commentary Transaction volumes were quite evenly spread over the semester, with January...
2023 European Hotel Transactions
Matthias Hecht | April 4, 2024
By Matthias Hecht, Serena Yang, Gauthier Champlong Introduction High inflation and consequential rises in interest rates had major impacts on investment markets throughout 2023, including slowed hotel transaction activity in Europe. Reaching €10.7 billion overall[1] , total volume was 19% lower than in 2022, which represented the second lowest level of investment in the last decade. There were 6% fewer transactions than in 2022, indicating that the average price per room was also down in 2023. Source: HVS – London Office Total Transaction Volume Chart 1: Total Assets Average Price Per Room 2015-23 Source: HVS â€...
High Cost of Borrowing Contributes to 19% Fall in European Hotel Transactions in 2023, Says HVS Report
HVS | April 3, 2024
03 April 2024, London: High inflation and interest rate rises had a major impact on the European hotel investment market last year, slowing transaction activity and taking volumes 19% lower than in 2022, the second lowest level of investment in the past decade, according to the HVS European Hotel Transaction Report from global hotel consultancy HVS London and its hotel brokerage arm HVS Hodges Ward Elliott. Transaction volume across Europe reached €10.7bn, with 388 hotels* changing hands – and an average price per hotel that was 9% lower than in the previous year, although significantly ahead of the transaction volume in the year...
Europe Sees Hotel Transactions Reach Record High Reveals HVS Report
HVS | March 3, 2020
03 March 2020, London: Total European hotel transaction volume reached the highest annual level ever recorded last year – with €27.1 billion-worth of deals being struck, according to the annual European Hotel Transactions report published this week by HVS and its brokerage and investment services division HVS Hodges Ward Elliott. The largest amount of capital was poured into the UK with some €5.3 billion (£4.4 billion) - 23% of total volumes, a 15% decrease on the previous year. German destinations booked the second most investment volumes at just over €4 billion (18% of total volumes), up 6% on 2018 levels. In terms of room co...
European Hotel Transaction Levels Down in 2018 Although Investor Interest Remains Strong, Says Hvs Report
HVS | February 28, 2019
28 February 2019, London: European hotel transaction volumes reached €18.6 billion in 2018, a decrease of 14% on the previous year, but still the fifth highest level recorded, according to the annual European Hotel Transactions report published this week by HVS and its brokerage and investment services division HVS Hodges Ward Elliott. A total of 655 properties, averaging 156 rooms, changed hands in 2018 with the average price per key growing by 8% in 2018, reflecting the quality of the hotels that were sold, as well as a growth in values. "The European hotel investment market continues to show rising popularity as an alternative a...
European Hotel Transactions Reach Record Levels as Investors Step Up Interest in Southern Europe, Says HVS Report
HVS | March 2, 2018
2 March 2018, London: European hotel transaction volume reached €21.7 billion in 2017, up 22% on 2016 and the second largest figure ever recorded, according to the annual European Hotel Transactions report published this week by HVS and its brokerage and investment services division HVS Hodges Ward Elliott. Single asset transactions in Europe were up 16% year-on-year to a volume of €12.4 billion, continuing an upward trend and accounting for 57% of transaction volume, with some 323 hotels – 59,500 rooms - sold in 2017 for over €7.5 million. Portfolio volume showed a 29% increase in activity to €9.3 billion with...
Germany Becomes Star Performer for European Hotel Transactions as Investors Play It Cool in Year of Change, Says HVS Report
HVS | March 1, 2017
1 March 2017, London: Hotel transaction volume across Europe reached €17.8 billion in 2016, down 25% on the previous year's record volume, according to the annual European Hotel Transactions report, published this week by HVS and its brokerage and investment services division HVS Hodges Ward Elliott. While portfolio activity halved to €7.2 billion-worth of sales, single asset transactions remained strong with volumes of €10.6 billion, up almost 17% year-on-year. "Last year's fall in portfolio hotel transactions came as no surprise, particularly as it followed an extremely active 2015 during which there were €14.6 bil...
Record €23.7 Billion Spent on Hotels in Europe in 2015 as Transactions Reach Highest Level Ever According to HVS
HVS | March 3, 2016
3 March 2016, London: European hotel transaction volume totalled €23.7 billion in 2015, a record level and an increase of 66% on the previous year, according to the annual European Hotel Transactions report, published this week by HVS and its brokerage and investment services division HVS Hodges Ward Elliott. The year outperformed pre-downturn levels driven by an extremely active portfolio transactions market. Investors from Europe accounted for €10.9 billion-worth of transactions with activity from the Middle East up 140% to €4.4 billion, and that from North America up 46% to €5.5 billion. "Investors were attracted ...
