Quiénes tirarán del carro de inversión hotelera en 2025 según Christie AND Co
🏨 Christie & Co's "Business Outlook 2025" report indicates Spain's hotel investment trends for the year, revealing a record occupancy and Average Daily Rate (ADR), with over €3.2 billion in transactions in 2024. Institutional investors are expected to return to the market, driven by lower debt costs and diversification needs, alongside economic and mid-range operators accelerating growth in Spain, and international brands continuing their market penetration supported by white-label managers. Economic recovery post-inflation and energy cost normalization may limit hotel price increases. Spain solidifies as a global tourism leader amidst political instability in Eastern Europe and the Middle East. Domestic clientele, representing about a third of overnight stays, is not expected to grow in 2025. Spanish banks remain willing to finance hospitality, though Loan-to-Value (LTV) ratios haven't returned to pre-2022 levels. Alternative financing is growing. Spain leads in sustainability, driven by legislation and customer expectations, addressing overtourism and staff housing shortages in islands by developing accommodations.
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