Following a record-breaking 2018, the European hotel investment has had a robust start to the year, maintaining a volume of €23.0 billion for the rolling 12-months to end Q1 2019. Read more in CBREs Market View Snapshot for Hotel Investments, Q1 2019.
Following the article on December 14th, 2019, regarding the Nordic hotel markets, we now highlight two hotel sectors which remain significantly under-supplied across all major Nordic cities: Budget & Long-Stay Segments in Part 2.
Tourism continues to flourish in the Nordics with airport passenger arrivals, total visitor numbers and the total number of overnight stays all continuing to grow year on year. This growth is not simply a result of domestic demand but also significant increases in demand from overseas travelers. Part 1: Concept Differentiation