A report by Jones Lang LaSalle (JLL) has revealed that 60 per cent of total hotel investment volumes last year in Europe, the Middle East and Africa (EMEA) were single asset deals.
The professional services firm's Hotel Investment Highlights report said it had been "another active year" for investors and hoteliers across the region throughout 2011.
Total investment volumes totalled EUR8.1bn (US$10.8bn, £6.8bn) - up 5 per cent on 2010 - and the most active market within the region was the UK, ahead of France and Germany.
JLL also reported a 16 per cent increase in portfolio transaction volumes, such as Mint and the European InterContinental estates. However, single asset deals were still more common.
Christoph Härle, chief executive officer of continental Europe at JLL Hotels, said: "Despite the marked improved growth in portfolio transactions across the year, the majority of transactions were single asset deals.
"Around 78 per cent of all transactions had a purchase price below EUR50m (US$66.7m, £41.8m), with only 3 per cent being above EUR200m (US$266.7m, £167m)."
Details: www.joneslanglasalle.co.uk
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