Middle East investors account for 30% of European hotel investments
European hotel transaction volume reached a new peak in 2013, with Middle East investors now making up to 30% of transaction volume compared to only 12% one year ago.
The European hotel transaction volume by Middle East investors has grown in absolute terms from €646 million to €2.3 billion - according to the "2013 European Hotel Transactions Report" by HVS London. Investors from the Middle East are looking to diversify their holdings and to invest in more stable markets than some of those closer to home, which should continue to drive interest in key European markets, the report says.
To see listing and contact emails of investors from the Middle East, check our recently updated Middle East Investors Directory
More details follows
March 13, 2014 |
Filed under Middle East Hotel and Tourism Investors
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