European Hotel Investment, Q3 2016

Spanish Popularity Soars on Strong Performance Growth and Attractive Asset Pricing


The European hotel transaction volume year-to-date continues to reflect a testing 2016, down -34% on 2015. However, quarter three was profoundly more positive than the opening half of the year, down only  -6% on a strong third quarter of 2015.

Key capital markets including France and the UK remain a challenge for investors, owing to the impact of terrorism and Brexit respectively. Nonetheless, Germany valiantly remains the keystone and front-runner for European hotel liquidity in 2016, supported  by growing activity in Central, Eastern and Southern Europe.  The greatest year-on-year growth for Q3 was recorded in Spain (+162% ), a market in great demand but with limited obvious opportunities.

With the Mediterranean Resort & Hotel Real Estate Forum around the corner (30th Nov to 2nd Dec in Barcelona, Spain), CBRE has focussed this edition of the European Hotel Investment MarketView on the Spanish hotel market; containing data, analysis and insight on unlocking opportunities in the market.  

You can download the full report here - CBRE Hotels European Hotels Investment MarketView Q3 2016