High cost of borrowing contributes to 19% fall in European hotel transactions in 2023

High inflation and interest rate rises had a major impact on the European hotel investment market last year, slowing transaction activity and taking volumes 19% lower than in 2022, the second lowest level of investment in the past decade, according to our HVS European Hotel Transaction Report, published this week in partnership with our European hotel brokerage arm HVS Hodges Ward Elliott.

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