transaction volume
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...
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...
Avison Young Transaction Volume on the Rise
Avison Young | February 24, 2021
ATLANTA – February 24, 2021 – Avison Young Hospitality Group said today that their hotel transaction volume so far in 2021 has been good. The firm went on to say that out of 111 current engagements actively on the market, they have 52 under sale agreement. Keith Thompson said, “clearly, the hospitality real estate market is expecting that vaccines will aid the hotel and travel industry for 2021. Hotel performance this year is still projected to be well below 2019 levels but we are seeing RevPAR beginning to improve. The smart people in the room say 2021 revenue will end the year at 65%-70%+/- of 2019 levels....
