Dr René-Ojas Woltering
Dr René-Ojas Woltering | June 8, 2021
By Dr René-Ojas Woltering EHL’s Institute of Real Estate, Finance & Economics is pleased to present the first update of the European Hotel Transaction Price Index that was initially launched last year. In 2020, European hotel transaction prices decreased on average by 11.1% vs. the prior year. The total transaction volume recorded by Real Capital Analytics (RCA) decreased to EUR 10.5 bn, which is 59% lower than the record transaction volume of 2019. A smaller drop than expected To date, the impact of the Covid-19 crisis on the European hotel real estate sector is significantly smaller than the -30% drop associated with the 2009 gl...
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