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Hotel Crisis Turns Spain into Europe’s Second Largest Investment Market

According to data from Savills Aguirre Newman, Spain was the second-largest hotel investment market in the year to March, with investments of 400 million euros, behind only the United Kingdom, with 746.5 million euros.

The latest European Hotels Trends report by Savills Aguirre Newman states that hotel investment in Europe reached €2.16 billion in the first quarter of 2021. Spain was the second investment market, reaching 400 million euros, after the United Kingdom, with 746.5 million euros.

The authors of the study revealed that, while national coastal markets continue to dominate in terms of number of deals, city centre assets lead in total investment volumes.

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