Munich. Good times for hotel real estate sellers: A fierce competition has broken out among the bidders since projects are rare. This is driving the prices. The increasingly positive image of the asset class hotel and the current low interest rate environment are additionally attracting more and more institutional as well as private investors. At the same time, the banks are opening their monetary sluices again. Reason enough for a super mood at this year's Expo Real in Munich. Exactly this also is bringing sceptics to the scene who have been considering this to be the last real estate and investment trade show with this mood – at least for Germany. Some nuances have changed within the hotel development and financing itself. The summary of facts and opinions.
