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:

€5m Nomad club to open on Pag island, Croatia
The Nomad club will open on the island of Pag in Croatia next week following an investment  »
New Europe building resort along Montenegrin coast
The Dutch based company New Europe property finance II B.V. will start construction work o  »
Puntica Marina opens along Istrian Peninsula
Adriatic Yacht Charter has opened a new marina in Medulin, a small town along Croatia’s  »
New Falkensteiner hotel opens in Montenegro
Falkensteiner Hotels & Residences opened a new hotel along the Montenegrin coast. Hote  »
The largest investment conference in Southeast Europe has gathered over 350 participants f   »
Greece is on the verge of a hotel resort development boom, with over 20 greenfield project   »
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   »