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Madrid Breaks its Hotel Investment Record with €803 Million in 2022

Madrid broke its hotel investment record in 2022 with 803 million euros spent on the acquisition of hotel assets, according to Colliers.

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Hotel Rosewood Villa Magna de Madrid

Investors dedicated a total of 803 million euros to the acquisition of hotels in Madrid during 2022, which represents an increase of 72% compared to the previous year, as reported by the real estate consultancy Colliers on Thursday.

Over the last year, 17 hotels and 2,547 rooms were transacted in Madrid, compared to 10 hotel assets and 790 rooms in 2021. In addition, two other properties were sold for conversion into hotels.

Read the full article in Spanish.

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