Hotel Dashboard

Even though the upward trend has not yet been sustainably reflected in the investment data, the hotel sector has continued the recovery of its market environment unabated in the first quarter of 2025: For the first time in 2024 as a whole, guest overnight stays (a good 496.0 million) slightly exceeded the pre-Corona values from 2019 (around 495.6 million) again. And in January 2025, the Federal Statistical Office was also able to confirm this positive trend at the start of the year with an increase of 3.1% compared to the same month one year earlier. Provided a relatively stable development of the global trouble spots as a framework for investment activities, it should only be a matter of time before the noticeably increased investor confidence is measurably expressed in the registered transaction volume. Last but not least, the investment approaches that are emerging and in the preparatory phase give rise to this forecast. In total, around €238 million was invested in hotel assets in the past three months, which in the first result of 2025 confirms the previous year's result. Against the background that some larger deals were still brought over the finish line in the year-end business in 2024 and the number of deals included can be rated as good, the Q1 conclusion is positive overall.

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.