According to CBRE total hotel real estate investment in Europe reached €23.3bn in Q3 2019, a decrease of 30.6% on the same period last year and a decline of 6.7% year-on-year,.
However, it is worth noting that in two of our key markets, the UK and Italy, the UK captured 27% of capital deployed and hotel investment volumes in Italy increased substantially, up 72.9% year-on-year in the 12 months to Q3 2019.
In addition, Savills are suggesting that 2020 could be a record year for investment into London hotels with Savills predicting that up to £1.5bn could be transacted in the first quarter of 2020.
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