Hotel Dashboard

The increased interest in hotel investments, evident for some time now, is also reflected in transaction volumes. With a total turnover of nearly €1.43 billion, hotels have boosted their volume by almost 44% compared to the same period last year, achieving their best result since 2021. By the end of September, the 12-month volume from the previous two years had already been surpassed. Particularly noteworthy is the positive market momentum over the course of the year, as evidenced by two very strong quarters with investment volumes of almost €600 million each, following a rather weak start to the year due to a shortage of available product from 2024. Also encouraging is the upward trend in the portfolio segment, which reached nearly €380 million - the highest volume since 2020. At the same time, the volume of individual transactions has, for the first time since 2022, exceeded the €1 billion mark. There is a high probability that this asset class is now at the beginning of a new cycle. This presents investors with excellent entry opportunities to benefit from the expected yield compression.

The Hotel Dashboard from BNP Paribas Real Estate provides an overview of the development of hotel investment and key tourism figures in the various top markets in Germany.