News & Stories
The German hotel investment market is noticeably continuing its upward trend, and the industry is rather optimistic about the coming quarters - were it not for the current geopolitical challenges.
The European hotel investment market 2024 is booming. Transactions in the upper-upscale and luxury segments reached an eye-popping 10.95 billion euros across 137 deals.
The most popular European country for hotel investments is and remains Spain, closely followed by Italy and the United Kingdom. However, supply and demand are very unequal across Europe.
In the second half of 2024, the German hotel investment market began to pick up, a trend that has continued so far this year. There is therefore justified hope that the volume from 2024 will be exceeded.
The global hotel development pipeline reaches a historic milestone with over 15,800 projects at Q4 2024. The United States and China account for 64% of this. And the European pipeline is also well-filled with 1,661 projects.
After four uncertain years, the Austrian hotel market is showing positive trends again. Significant transactions were concluded in Vienna in particular in 2024, with the capital's airport surpassing the pre-coronavirus year in terms of passenger numbers.
Germany has been in a structural crisis for four years. The ZIA Expert Council forecasts another challenging year for the real estate industry - and explains to politicians what is urgently needed for a rapid economic turnaround. Hotels and serviced apartments have held up well overall due to good demand, but it is important to take a close look here too.
In Europe's Alpine region, the altitude determines the appeal of the destination. It also drives up the price of tourist real estate. This can also be observed globally - although top US ski resorts play in a different league to Tyrol and the like. In Aspen, for example, the super-rich spend around 85,000 euros per square metre on their vacation home. A report reveals more.
In Italy, the hospitality industry is also a growing and attractive asset class. Foreign investors are back again, and hungry, domestic operators have an appetite for asset-light AND asset-heavy. At a conferencein Rome, the differences became clear.
Investors and tenants alike are increasingly looking for "low-carbon space". However, the supply is scarce and stands in contrast to the willingness to take energy-saving measures. These help to increase the value of properties. This also applies to hotels.