Mag HON 360-361: Existing asset transactions maintain their pace
🏨 In 2024, hospitality assets accounted for 18% of real estate investments, with over 100 transactions, primarily single-asset deals. Paris and Île-de-France led the activity, comprising two-thirds of the volume. France ranked among Europe's top three hotel investment markets, following the UK and Spain, with €17 billion in transactions across Europe, up 62% year-on-year. The average price per key increased by 9% to €215,300. Portfolio transactions grew by 40%, driven by private equity funds.
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