{"id":64288,"date":"2025-06-03T08:45:00","date_gmt":"2025-06-03T06:45:00","guid":{"rendered":"https:\/\/blog.urbanitae.com\/?p=64288"},"modified":"2025-06-02T14:23:38","modified_gmt":"2025-06-02T12:23:38","slug":"spain-the-second-largest-hotel-investment-market-in-europe","status":"publish","type":"post","link":"https:\/\/blog.urbanitae.com\/en\/2025\/06\/03\/spain-the-second-largest-hotel-investment-market-in-europe\/","title":{"rendered":"Spain, the second-largest hotel investment market in Europe"},"content":{"rendered":"\n

Spain is currently one of the top tourist destinations, and its appeal is also reflected in hotel investment activity. According to a report on the pan-European hotel market<\/a> by the consulting firm Savills, this asset class attracted \u20ac3.3 billion in 2024\u201414.2% above the ten-year annual average.<\/p>\n\n\n\n

This figure cements Spain\u2019s position as the second-largest market by investment volume in Europe<\/strong>, behind the United Kingdom, which recorded \u20ac6.83 billion in investments in 2024\u2014an increase of 157% compared to the previous year.<\/p>\n\n\n\n

Overall, hotel investment<\/a> across Europe reached \u20ac21.9 billion\u2014the highest level since 2019\u2014and represented a year-on-year increase of 47%. This segment, alongside logistics, led the investment rankings, surpassing their respective ten-year annual averages.<\/strong><\/p>\n\n\n\n

Cross-border investment dominated the European market (58.6%), with U.S. private equity funds such as Blackstone and KKR making strong bets in a context where the dollar remains strong against the euro.<\/p>\n\n\n\n

Record hotel investment in Spain<\/h2>\n\n\n\n

In Spain, however, consulting firm Colliers highlights in its report \u201cHotel Investment 2024<\/a>\u201d the key role played by domestic investors<\/strong> in the hotel sector, describing them as the main drivers of the market over the past year. Domestic capital represented 58% of total investment, reaching a record \u20ac1.938 billion and accounting for nearly three out of every four transactions (73%).<\/p>\n\n\n\n

Additionally, the report notes a significant drop in portfolio activity, which played a much smaller role in 2024, representing just 26% of the total investment volume. One of the most notable transactions was the acquisition by Swiss asset manager Partners Group of a majority stake in BlueSea Hotels<\/a>, valued at \u20ac275 million. Meanwhile, individual transactions reached a historic high, totaling \u20ac2.452 billion.<\/p>\n\n\n\n

Concentration of hotel investment in Spain<\/h2>\n\n\n\n

The geographic distribution of hotel investment has concentrated in four main areas, accounting for 80% of total investment<\/strong>. The Canary Islands and Madrid top the list with the highest outlays:<\/p>\n\n\n\n