The Spanish market saw a 60% drop in investment in hotel assets during 2020, to reach round 1.1 billion euros, according to the estimates made in the annual report regarding the outlook for the hotel sector compiled by JLL Hotels & Hospitality (Hotel Investment Outlook).
The report predicts that the global accommodation segment will recover in 2021. The capital profile was international, with 65% of investors coming from overseas, and predominantly European in origin, according to the consultancy JLL.
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