Hotel transactions across Europe failed to show the recovery expected during 2022 as confidence was hit by the Russian invasion of Ukraine which fuelled huge increases in energy and food costs, a rise in overall inflation and higher interest rates.
Asia Pacific hospitality update
Surrey Hills Hotel in Sydney was Sold for AUD30 Million.
Europe hotel transactions updates
Dartriver and CONREN acquire future Hub by Premier Inn in London.
Europe hotel transactions update
HVS Hodges Ward Elliott advises on sale of Hotel Brooklyn in Manchester to CDL.
Europe hotel transactions summary
Brookfield acquires four Selenta Hotels in Spain from Jordi Mestre.
Slow start for hotel transactions but market set to strengthen as year progresses
Total European hotel transaction volume fell by 69% in the year of the pandemic following a record high the previous year when €27.1bn-worth of hotel deals were struck.
Avison Young Hospitality Group announces July closings
The Avison Young Hospitality Group announced today that it brokered nine hotel transactions in July, including locations in the Pacific Northwest, Southeast and Midwest.