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Hotel Investment Fell by 60% in 2020 Despite Interest from International Buyers

During 2020, 65% of investors were international - predominantly European in origin - according to the consulting firm JLL.

sh hotel gran alacant

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.

Read the full article in Spanish.

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