CEE hotel investment volume to hit €800m by end of 2018

CEE hotel investment volume to hit €800m by end of 2018

Published at: 2018-12-14 08:55 | Author: CIJEurope.com
The investment volume in the CEE hotel sector is expected to exceed €800m by the end of 2018, according to C&W, a slight decline compared to last year’s total. The decrease was attributed to a lack of prime assets and portfolios on the market that could satisfy investor appetite for hotels in key CEE cities. Institutional and listed investors are becoming more dominant, accounting for 74 percent of the total transaction volume in 2017 and 54 percent in the first three quarters of 2018. Changing consumer trends and evolving accommodation concepts in recent years have resulted in a blurring of lines between traditional hotel classes, according to C&W.

Similar Stories:

Four new hotels to open in Bucharest this year
Four new hotels are scheduled to be delivered to the Bucharest market this year, adding 1,  »
Meininger Hotel opens in Budapest
Meininger Hotels has opened its first property in Hungary. Meininger Budapest Great Market  »
Budnex delivers Bulvar hotel in Gorzów Wielkopolski
Budnex has completed construction on the three-star Bulvar hotel in Gorzów Wielkopolski,  »
Hotel Makarska merging with Hotel Imperial
Hotel Makarska is merging with Hotel Imperial. The new company will be named Imperial Rivi  »
In Europe, the UK leads the way when it comes to new hotel projects: 119,000 rooms are cur   »
Invesco Real Estate acquired the 232-room Sheraton Grand Hotel Kraków for €70m on behal   »
The modern era for Belgrade’s hotel sector dates back just five years. Before that, the   »
The Danube Hotel Park Inn in Bratislava’s old town district has been closed for what its   »