Hotel Dashboard
In the first half of 2024, an investment volume of €545 million was registered with hotel transactions. Although the long-term average was once again clearly missed (-58% resp. 10-year average: €1.3 billion), this represents an increase of 40% compared to the weak H1 result of the previous year. The overall positive trend towards a further market upturn and an acceleration in transaction activity is underlined in a direct quarter-on-quarter comparison by an increase in the investment volume of almost a third and a doubling of the number of transactions to around 20 in the second quarter. Nevertheless, the investment volume remains at a significantly lower level than in previous years.
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.