Hotel investments: deciphering an increasingly attractive asset – Part 1
The attractiveness of hotel assets is confirmed after a particularly dynamic 2023 in terms of investment in Europe and a 2024 that looks just as promising. “We are at a Momentum in the hotel segment,” confirms Jean-Marc Palhon, Chairman of EXTENDAM. While historic investors such as Extendam and Covivio are maintaining their leading positions in this market, more and more players are showing an interest in this asset class with its robust performance. This ecosystem has been shaken up by the health crisis, but is proving highly resilient in the face of unstable economic and geopolitical conditions, with the need to travel stronger than ever, according to UN Tourism. Who are the players shaping the hotel investment landscape today? What are the opportunities and challenges facing them, and how are they responding?
How is the European investment market faring? Rising costs at all levels, high interest rates and geopolitical tensions on the Old Continent are not offering optimal conditions for property investment these days. As a result, “the general real estate market (tertiary and residential) is in a bit of…