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...