Hotel Dashboard

The noticeable market recovery observed at the end of the year 2023 and the generally more positive market sentiment have not yet been reflected in the figures for the first quarter of 2024. Hotel transactions totaled just under €240 million in the first three months, falling short of the previous year's figure by around 13%. The long-term average was missed by significantly 62% as well. Investment activity continues to focus on sales of individual properties; no portfolio transactions have been registered to date. In terms of investors, foreign buyers stand out with a good 61%, although this is likely to level out somewhat over the course of the year.

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