In the current market conditions international hotel investors are focusing beyond the key markets and more towards recovery areas when looking to invest across the hotel & hospitality arena.
It has been forecasted that hotel investment volume across the EMEA will grow more than 20 per cent this year. This strong investment outlook will lead way to increased hotel assets trading in 2014.
In Spain, Vincci Capital is forecasting major exciting opportunities across the hotel real estate arena. Even though unemployment is still high making domestic demand weak, overseas investors are taking advantage of their stronger economies and bringing in the initial investments in the bottomed out Spanish RE market.
Juan Vives Poch, Hotel Broker at Vincci Capital said “Hotel operators are going to be involved in significant activity this year across specific areas in Spain like Mallorca, Madrid and Barcelona. In addition other European cities are going to be of major interest such as Zurich, Amsterdam, Paris and Vienna and London.” On the other hand he points out that “Hotel asset investments are continuing moderately but firmly in the Latin-America area, especially in Mexico, Brazil and some of the Caribbean most wanted locations.”
It is important to note that as a result of the stabilizing economic conditions, further competition for hotel assets is appearing and will increase in the market. This suggests that some investors / buyers will be left frustrated across Europe with some, not only struggling to determine where to invest, but also what to invest in. It will be essential that investors select those best hotel assets in the right major cities and resort locations in the next year.
This is where Vincci Capital can be your trusted partner with more than 25 years of experience across hotel investment consultancy. Whether acquiring, developing or managing a hotel Vincci Capital will help you define objectives, and guide you through the optimization process, always ensuring that your interests are consistently safeguarded.
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