Hotel Dashboard

The German hotel investment market has shown notable growth in recent months. Following two stable quarters in the second half of 2024, each with over €400 million, the market experienced a comparatively weak start in 2025 due to a lack of product. However, the first quarter of 2025 already recorded a broad increase in interest from investors, which was not jet reflected in the investment result of around €238 million. This increase was repeatedly reflected in the processes currently being marketed. The registered investment volume of €592 million in the second quarter impressively reflects the increasing market momentum. A hotel investment volume of €830 million can therefore be reported for the first half of 2025. Compared to the same period last year, this represents an increase of 52% indicating that the market is back on track for long-term growth. The registered expansion on the supply side continues to suggest a more dynamic second half of the year. In addition to attractive entry opportunities in the core-plus and value-add sectors, core investors also have opportunities.

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.