Article - 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.
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.
Article - HVS Report - 2022 European Hotel Transactions - By Shaffer Patrick, Matthias Hecht and Serena Yang - HVS discusses the main hotel transactions that took place in 2022 and looks at the trends in single-asset and portfolio transactions over the years.
Last year was one of strong recovery for European hotel transactions with €16.4 billion-worth of deals, twice that of 2020, according to our latest European Hotel Transactions report.